Extending its winning streak for the third straight session, the Sensex at the Bombay Stock Exchange surged 205 points, or 1.2 per cent, to 16,871, in opening trade, on Friday. After paring some of its early gains, the Sensex stood 125 points, or 0.8 percent in the green, at 16,792, a short while ago. The domestic markets rose on the back of a rebound in the global markets, on easing concerns about the euro, after China's assurance that Europe remains a key investment market for its foreign exchange reserves.Other Asian bourses in Japan, Hong Kong, South Korea, and Taiwan were up between 0.7 percent and 1.7 percent, on Friday. The US Dow Jones Industrial Average has spurted 2.9 per cent, overnight.