December 22, 2009 1:20 PM

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Sensex opens higher in opening trade on global cues

The Bombay Stock Exchange benchmark Sensex today rose by 110 points, in opening trade on fresh capital inflows by funds and retail investors driven by firming global markets. The 30-share index rose at 16,711 points. The BSE barometer had lost about 310 points in the previous three sessions.The wide-based National Stock Exchange index Nifty moved up by 34 points, to 4,987 points. Brokers said, covering-up of short positions by speculators also supported the upside in stock prices. Major gainers include Reliance Industries, Reliance Infra and RCom . The Hong Kong's Hang Seng index was up 1.2 per cent, while Japan's Nikkei up 1.1 per cent in the morning trade today. The US Dow Jones Industrial Average ended 0.83 per cent higher in yesterday's trading.

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