Sensex opens up 150 pts, Nifty above 9350 as ICICI Bank up 4%

Equity benchmarks gained strength in early trade Thursday after seeing consolidation in past four consecutive sessions. Cabinet's approval to National Steel Policy 2017 and amendments to Banking Regulation Act boosted market sentiment.

The 30-share BSE Sensex was up 148.38 points at 30,043.18 and the 50-share NSE Nifty gained 35.75 points at 9,347.70. 

About 738 shares advanced against 247 declining shares on the BSE.

Asian markets were mixed after the US Federal Reserve 'stuck to a hawkish bent overnight and as metals prices tumbled. Australia's ASX 200 and Hong Kong's Hang Seng Index fell 0.5 percent each while Japan's Nikkei gained 0.7 percent.

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