Mumbai: The Bombay Stock Exchange benchmark Sensex rose by over 187 points in opening trade on Tuesday on fresh buying by funds, taking positive cues from other Asian markets.

The 30-share BSE index, which lost 219.77 points in the previous session on Friday, recovered by 187.37 points, or 1.11 percent, to 17,027.00 in opening trade.

In a similar fashion, the wide-based National Stock Exchange Nifty index gained 55.55 points, or 1.10 percent, to 5,128.50 points.
Brokers said fresh buying by funds amid a firming trend in other Asian markets, following overnight gains in the US, mainly influenced the trading sentiment.

IT, tech, metal and banking stocks led the recovery in opening trade.

Meanwhile, in the Asian region, Japan's Nikkei rose by 0.58 percent and Hong Kong's Hang Seng index by 0.23 percent in morning trade on Tuesday. The Dow Jones Industrial Average ended 1.90 percent higher in the previous session.

(Agencies)