The 30-share benchmark opened positive at 17,810.13 mirroring good global cues in the early trades.
Asian stocks advanced, led by electronic goods companies and autos, after Seiko Epson and Daihatsu Motor posted higher profits. Markets in the region rebounded from yesterday`s lows after the US Federal Reserve cut the interest rates by 50 basis points in yet another effort to stall the turmoil in financial markets worldwide
BSE Sensex was last trading at 17,816.40, up 57.76 points, or 0.33%, while NSE Nifty was trading at 5152.05, down 15.55 points (9.56 a.m.).
BSE Midcap index rose 0.92% and BSE Smallcap rose 0.54%.
Out of the total 1,521 stocks traded at the BSE, 725 advanced, 769 declined while 27 remained unchanged.
Among the sectoral indices, BSE Auto rose 0.92%, Bankex rose 0.54%, FMCG was up 0.43%, IT dipped 0.06% and Power rose 0.57%.
Gainers at the BSE were HUL, which inched up 2.67% to Rs 201.85, Tata Motors rose 2.13% to Rs 710.95 and ONGC rose 1.39% to Rs 982.00. Bharti Airtel, RComm, SBI, ICICI Bank, Ranbaxy and Bajaj Auto also rose.
Laggards at the BSE Sensex include Hindalco, which dipped 3.18% to Rs 170.50, Satyam declined 2.96% to Rs 383.00 and DLF was down 2.83% to Rs 837.80. RIL, NTPC, Tata Steel, REL and ITC also slipped.
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