Mumbai: The SENSEX opened marginally higher and improved further in line with selective stocks rally during the morning trading on the Stock Exchange, Mumbai (Bombay Stock Exchange) on fresh buying support from investors.

The BSE Sensitive Index opened fractionally up at 3051.30 as against 23 May close of 3049.84 and later rose further to a high at 3070.04 before being quoted at 3069.49 at 10.30 am.

Brokers said Public Sector Undertakings (PSU) stocks continued to be in the forefront on fresh buying support on positive developments on disinvestment front.

Oil PSU majors like BPCL (Bharat Petroleum Corp Limited) and HPCL (Hindustan Petroleum Corp Limited) were quoted remarkably higher, as a result, other PSU shares continued their upward march to the second successive week.

IT counters, however, met with a feeble resistance due to some profit booking by foreign funds which have shifted their focus to old economy sector.

Among the top gainers, Himachal Futuristic were quoted up by 10.34 per cent, IOC by 7.49 per cent, RCF by 5.72 per cent, STC India by 4.17 per cent, SCI by 2.15 per cent, Federal Bank by 2.05 per cent, ITC by 1.49 per cent, GTL Ltd by 1.49 per cent, Apollo Tyre by 1.29 per cent and HPCL by 1.11 per cent.

However, Oriental Bank, BoB, Mastek, Hexaware Soft, HCL Tech, Geometric Software, Digital Global and NIIT showed moderate falls on selling pressure.

PTI