Sensex goes up 24 points in opening trade on positive Asian cues

Mumbai: The benchmark BSE Sensex rose around 24 points in opening trade on Monday as investors made selective buying in blue chip stocks amid a better trend in other Asian bourses.

The 30-share index, which had lost 119.01 points in the previous session, recovered 23.86 points, or 0.09 per cent, to 26,783.09, with metal, capital goods, FMCG, PSU, banking and oil&gas stocks leading the recovery.

The NSE Nifty also rose by 19.20 points, or 0.23 per cent, at 8,263.

Brokers said, besides a better trend at other Asian bourses which were tracking a strong lead from New York where two of the three main indexes closed at record high on Friday, selective buying by domestic institutional investors and retail investors influenced the sentiment.