The Bombay Stock Exchange benchmark Sensex today opened higher by over 123 points on funds buying amid firming global trend.
The 30-share barometer, which had lost 110.97 points in yesterday's trading, bounced back by 123.72 points to 9,214.60 in the first five minutes of trading backed by banking shares.
Similarly, the wide-based National Stock Exchange's Nifty also rose by 38.90 points to 2,818.95.
Brokers said trading sentiment turned positive following expectations that the new US administration will provide a boost to the financial system.
Major gainers which supported Sensex were Reliance Industries up by 2.43 per cent to Rs 1,318, Reliance Infra 2.54 per cent to Rs 532.95, State bank of India 1.74 per cent to Rs 1,112.90, ICICI Bank 2.39 per cent to Rs 400.30, HDFC Bank 1.09 per cent to Rs 893.60.
Japan's Nikkei was up 1.19 per cent and Hong Kong's Hang Seng rose 1.13 per cent in early trade today.
