Nifty surged over 45 points or 0.52 per cent to start morning trade at 8,814.85 level.
Mumbai: The 30-share Sensex saw a over 151 points or 0.53 per cent climb to trade at 28,440.90 in opening session at BSE. Broader Nifty surged over 45 points or 0.52 per cent to start the morning trade at 8814.85 level.
Bank Nifty registered a 125 points rise or 0.62 per cent surge that traded at 20,370.90 level in the early trade.
Wednesday's status quo on rate cut by RBI helped the banking stocks to open higher on Thursday. RBI kept repo rate unchanged at 6.25 per cent in its sixth bi-monthly policy review meet yesterday.