Mumbai: SENSEX opened marginally up and later attempted a mild rally at the initial stages of the session on the Bombay Stock Exchange (BSE) on April 2 as investors made fresh purchases in select blue-chip counters.

The BSE Sensitive Index opened higher at 3080.94 as against the April 1 close of 3080.95 and later improved to a high at 3099.84 before being quoted at 3091.79 at 10:30 hours (IST).

Though retail investors seemed to have adopted a wait and watch policy since the past couple of sessions mainly because of selling by foreign institutional investors (FIIs) earlier, select heavyweighted counters attracted some institutional investors' interest.

Stockbrokers said the buying could be from domestic fund as a follow-up support to overnight upsurge on the back of buying by domestic fund.

The market also had a sentimental impact from the April 1 moderate gain in indices on Wall Street.

Heavyweighted counters like BHEL, Bajaj Auto, Grasim, Reliance and a few others were quoted moderately up on some buying support.

PTI