NEW DELHI:Benchmark indices opened higher in Fridays trade, tracking firm closing for US stocks in overnight trade.
At 9.24 am, the BSE Sensex was trading 242.58 points, or 0.68 per cent, higher at 36,049.86.
It jumped over 250 points in early trade.
The NSE barometer Nifty50 was ruling at 10847.35, up 67.55 points, or 0.63 per cent.
With this, the index has surpassed the hourly swing high of 10,820 and is now expected to retest our mentioned levels of 10,880-10,920 in next couple of days, said analysts.
Traders are advised to stay positive and do not hesitate to buy into such declines.
Further, the midcap index continues to impress traders fraternity.
Going ahead, we are likely to get better opportunities in the broader market, said Sameet Chavan of Angel Broking.Most Asian markets gained after Wall Street ended volatile trade in the blackgreen, with Dow Jones Industrial Average index gaining 1.14 per cent for the day.Among Sensex stocks, YES Bank gained 1.71 per cent to Rs 181.60.
Sun Pharma, HDFC and Tata Motors added 1.50 per cent, 1.42 per cent and 1.30 per cent, respectively.
Vedanta, Larsen Toubro abnd HDFC Bank rose up to 1.1 per cent.Coal India and NTPC were 0.66 per cent and 0.54 per cent, respectively.
Foreign portfolio investors (FPIs) bought Rs 1,732 crore worth of domestic stocks on Thursday, data available with NSE suggested.
DIIs were net sellers buyers to the tune of Rs 663 crore, data suggested.