Sensex opens 81 pts higher in early trade

The Bombay Stock Exchange benchmark Sensex opened higher by 81 points on buying in auto, banking and oil stocks by funds. The 30-share index recovered by 81.44 points to 18,132.22 points in the first five minutes of trading. It had lost 116.25 points in the previous session.

Similarly, the wide-based National Stock Exchange Nifty rose by 20.15 points to 5,438.45 points. Brokers said investors indulged in buying in fundamentally strong shares available at attractive levels after a fall in the previous session.

Other Asian markets were mixed in early trade. Chinese shares were up 0.28 per cent on hopes of strong first-half corporate earnings, while Japanese Nikkei index lost 1.16 per cent. Hong Kong shares fell by 0.10 per cent in early trade.

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