Mumbai: Share prices opened on a promising note in line with a moderate rally in select heavyweights on the Bombay Stock Exchange (BSE) on December 20 due to buying by foreign institutional investors (FIIs) and operators.

Led by Software bellwether Infosys Technologies, the IT sector registered a smart rise on good buying enquiries from FIIs.

Old economy blue chips like RIL, HLL, SBI, ITC and Telco also attracted brisk buying from local funds aiding the SENSEX rise.

The BSE-30 share Sensitive Index opened firm at 3,339.46 and rallied further to a high of 3,353.90 before being quoted at 3,350.81 at 10:30 hours (IST) as against the December 19 close of 3,333.86.

Select banking stocks also were in keen demand on renewed buying by operators as well as retail investors.

PTI