Mumbai: The Bombay Stock Exchange (BSE) benchmark Sensex advanced over 75 points on Wednesday, extending Tuesday's gains on continued buying by funds amid positive cues from the US market.

Sensex climbed by 75.82 points, or 0.38 percent, to 18,579.10 points in opening trade. It had gained 271.22 points in Tuesday's session.

Similarly, the broad-based National Stock Exchange index Nifty edged higher by 15.35 points, or 0.28 percent, to 5,575.50.
Stocks of auto and cement companies were active in opening trade on expectations of strong monthly sales.

Brokers said the trading sentiment was positive following  overnight gains in the US market and on expectations of encouraging monthly sales numbers from auto and cement companies.

A normal monsoon forecast also had a positive impact on the trading sentiment, they said.

In the auto segment, Mahindra and Mahindra rose 0.87 percent to Rs 678 and Maruti Suzuki gained 0.40 percent to Rs 1,233, while cement major, ACC was trading 1.70 percent higher at Rs 1,044.05.

Meanwhile, most Asian markets were trading flat in the morning trade on Wednesday. In the US, the Dow Jones Industrial Average ended 1.03 percent higher on Tuesday.

(Agencies)