Mumbai: Amid a firming trend on other Asian bourses, Bombay Stock Exchange benchmark Sensex on Monday opened almost 55 points higher than its previous close on emergence of select buying by funds and retail investors. Gaining 54.79 points in early trading, Sensex opened at 19,441.61 on Monday.

The 30-share index had slipped 310.04 points last Friday on inflation worries and disappointing quarterly results by IT bellwether Infosys.

Stocks of auto, metals, banking, capital goods and, oil and gas sector led to the marginal recovery.

The wide-based National Stock Exchange Nifty index also swung by 13.55 points, or 0.23 per cent to 5,838.10 level.

Market experts said selective buying by funds and investors of stocks with strong fundamentals along with a firming trend on other Asian bourses buoyed the trading sentiment at home.

(Agencies)