The BSE Sensex was up 185 points, or 0.23%, trading at 82,537, while the Nifty50 gained 56 points, or 0.22%, to trade at 25,254 around 9:22 am.
The benchmark Nifty 50 ended its 14-day winning streak on Wednesday, during which the index had hit all-time highs earlier in the week.
Weak U.S. economic data raised concerns about a slowdown, dragging down global markets in the previous session.
From the Sensex pack, UltraTech Cement, Tata Steel, ITC, JSW Steel, ICICI Bank, HDFC Bank, and Reliance Industries opened with gains, while Nestle India, HUL, Bajaj Finance, Bharti Airtel, and Asian Paints opened lower.Reliance Industries shares opened 0.3% higher as the oil-to-telecom conglomerate is set to consider a proposal for a 1:1 bonus share issue, its first since 2017.Sona BLW Precision shares rose 4% in early trade as the auto component maker is set to raise up to Rs 2,400 crore through a qualified institutional placement, with a floor price of Rs 699 per share.On the sectoral front, Nifty Metal rose 0.5%, while Nifty Financial Services gained 0.3%. Nifty Bank, Auto, FMCG, Media, Pharma, and Healthcare sectors also opened higher.
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