Sensex rises 114 pts in opening trade on global cues

Mumbai, Sep 15 (PTI) The Bombay Stock Exchange benchmark
index Sensex recovered by 114 points in opening trade Tuesday
after Monday's fall on buying by fund and retail investors
driven by firming trend in global markets.

The 30-share BSE Sensex rose by 114.75 points or 0.70 per
cent to 16,328.94 points. The BSE barometer had lost over 50
points in Monday's trade.

The wide-based National Stock Exchange index Nifty rose
by 41.65 points or 0.86 per cent to 4,850.25 points.

Brokers said buying activity in the domestic markets
picked up momentum largely on the back of firming trend at
other global equity markets, which were up by almost 0.54 per
cent in morning trade, buoyed by overnight gains in the US
markets. PTI SUN
DDC