Sensex up 200 pts, SBI 2%, RIL 1%
The benchmark Sensex advanced over 200 points after opening in the green on Friday. It opened at 41,297.08, higher from its previous close of 41,163.76.
Key drivers during the early trade were Reliance Industries (up 1 per cent) and SBI (up 2 per cent). Besides, the HDFC twins -- HDFC and HDFC Bank -- also traded in the green.
Beside the recovery in large-caps the overall market breadth was positive, 43 of the Nifty 50 stocks advanced while only 7 declined.
At 9.39 a.m., Sensex traded at 41,356.48, higher by 192.72 points or 0.47 per cent. The border Nifty jumped 58 points to 12,184.65.
However, Foreign Portfolio investors have turned seller for the past two sessions. On Friday, the FPIs offloaded stocks worth over Rs 500 crore.IANS