Markets have opened in the green on global cues. The Sensex has jumped 197 points to 18,351. Nifty is up 62 points at 5,584.
Wall Street rallied on Thursday with the Nasdaq hitting its highest in a decade. The Dow Jones added 123 points or 1% to 12904. Nasdaq was up 1.55 at 2960.
In Asia, Nikkei has jumped 1.8% to 9,404, mirroring cues from US peers. Hang Seng is up 1%.
BSE realty index has surged 2.5% to 2,115. the capital goods, power and consumer durables indices have added 2% each.
Bhel has jumped 4% to Rs 296. DLF has added 3% to Rs 257. From the metal pack Sterlite and Tata Steel have advanced 2-3% each. Other gainers include SBI, Larsen & TOubro, Tata Motors and ICICI Bank.
Meanwhile Maruti Suzuki has dropped 0.6% at Rs 1,348.
Travel services and foreign exchange provider Thomas Cook India has posted over three-time increase in consolidated net profit for the fourth quarter ended December 31, 2011 at Rs 5.04 crore compared to the corresponding period last year. The stock has surged 3.5% to Rs 64.
ITC is unchanged at Rs 204. The company has bought 4.6% stake in Hotel Leela Russell Credit.
Oil and gas major ONGC on Thursday said three of its KG Basin NELP blocks have run into rough weather following restrictions from the Ministry of Defence, and it may invoke 'force majeure' clause for two blocks. The stock is up 1% at Rs 284.
Magma Fincorp has risen 4% to Rs 73 on news that the company plans to enter the gold finance business in the first half of the next fiscal.
