The market opened higher with the Sensex rising 117.03 points to 26949.69 and the Nifty gaining 24.50 points at 8116.05. About 452 shares have advanced, 130 shares declined, and 63 shares are unchanged on the BSE.
ICICI Bank, Dr Reddy's Labs, Axis Bank, Coal India, BHEL, Asian Paints and BPCL gained 0.7-1.6 percent. However, Bharti Airtel lost 1.6 percent. Tata Steel, GAIL, Tata Power, Hero Motocorp, Yes Bank, Zee Entertainment and Power Grid were other losers.
The Indian rupee gained in the early trade on Thursday. It has opened higher by 17 paise at 63.94 per dollar versus 64.11 Wednesday.
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