Sensex up by 68 pts

Mumbai: The BSE benchmark Sensex rallied by over 68 points in opening trade today on the back of strong FII inflows amid expectations of encouraging fourth quarter earnings by corporates.

The 30-share index of the Bombay Stock Exchange, which had gained 281.34 points in the previous session, rose further by 68.48 points to 19,770.21 points in opening trade as heavyweights such as oil and gas, PSU and power sector stocks made headway.

Similarly, the broad-based National Stock Exchange Nifty index also gained 20.20 points to 5,928.65.

Brokers said in addition to overnight gains in the US market, continued capital inflows by foreign funds and hopes of strong fourth quarter earnings also buoyed the trading sentiment here.

Meanwhile, the Dow Jones Industrial Index in the US market ended 0.19 per cent higher in the previous session.