Sensex rises 110 points in opening trade; Nifty 17,400. at over

Mahindra & Mahindra was the biggest gainer from the Sensex pack, rising over 2%, followed by IndusInd Bank, NTPC, Reliance Industries, HDFC Bank and Maruti.

Mahindra & Mahindra was the biggest gainer from the Sensex pack, rising over 2%, followed by IndusInd Bank, NTPC, Reliance Industries, HDFC Bank and Maruti.

Equity benchmark Sensex rose over 110 points in early trade on Monday, tracking gains in major indices M&M, Reliance Industries and HDFC twins amid a mixed trend in global markets.

The 30-share BSE benchmark rose 111.88 points, or 0.19%, to 58,499.81 in morning deals after opening on a weak note.

The broader NSE Nifty rose 25.70 points, or 0.15%, to 17,423.20. IndusInd Bank, NTPC, Reliance Industries, HDFC Bank and Maruti were among the top gainers in the Sensex pack with Mahindra & Mahindra gaining over 2%.

State Bank of India, Infosys, Tata Consultancy Services and ICICI Bank were among the major laggards.

In Asia, markets in Tokyo and Shanghai were trading higher, while those in Seoul and Hong Kong were down.

US markets mostly closed at lower levels on Friday.

On Friday, the BSE benchmark settled 89.13 points or 0.15% higher at 58,387.93. Nifty closed 15.50 points or 0.09% higher at 17,397.50.

Meanwhile, international oil benchmark Brent crude rose 0.21% to $95.12 a barrel.

Foreign institutional investors remained net buyers in the capital markets as they bought shares worth Rs 1,605.81 crore on Friday, according to exchange data.