MUMBAI: Domestic benchmark indices opened higher on Friday, rising over 1 per cent in early trade amid hopes of easing tensions in West Asia.
Sensex opened at 74, 559, up 352 points or 0.47 per cent, while Nifty started trading at 23, 110, higher by 108 points or 0.47 per cent, according to exchange data.
In early trade, the 30-share Sensex surged as much as 891 points, or 1.20 per cent, while the Nifty climbed 279.7 points, or 1.21 per cent, to 23, 281.85. The strong gains were supported by broad-based buying across sectors.
Sector-wise, all major indices traded in the green, led by PSU bank stocks, which rose over 2 per cent.