The Bombay Stock Exchange benchmark Sensex on Monday opened higher by over 218 points on widespread buying by funds, as the Asian markets firmed up in tandem with the recovery in the US markets last Friday.

The 30-share index, which had lost 227.94 points in the previous session, shot up by 1.2 percent, that’s 218.09 points to 18,216.50 points in the first five minutes of trading.

All the sectoral indices were trading in positive zone with gains up to 2.01 per cent.

The broad-based National Stock Exchange index Nifty also rose by 1.1 per cent when it gained 60.30 points to trade at 5,469.00 points.

Brokers said fresh buying by funds and retail stock investors, primarily in metals and realty sectors, followed the firm trend in the Asian region.

Meanwhile, Hong Kong’s Hang Seng index was up by 0.92 per cent, while the Japanese Nikkei gained 1.61 per cent in the morning trade Monday. The US Dow Jones Industrial average ended 1.65 per cent higher in the previous session on Friday.