Indian shares open up, Reliance Power gains

MUMBAI, Feb 18 (Reuters) - Indian shares opened 0.62 percent higher on Monday, buoyed by mostly firm Asian markets, with gains led by Larsen & Toubro Ltd (LART.BO: Quote, Profile, Research, Stock Buzz) and Reliance Communications Ltd (RLCM.BO: Quote, Profile, Research, Stock Buzz).

At 9:55 a.m. (0425 GMT), the 30-share BSE index .BSESN was up 113 points at 18,228.21.

The 50-issue NSE index was up 0.76 percent at 5,343.25.

Shares in Reliance Power Ltd (RPOL.BO: Quote, Profile, Research, Stock Buzz) rose 10.74 percent to 426 rupees in early deals after it said on Sunday its board would meet on Feb 24 to consider issuing bonus shares. For story, please see [ID:nBOM304267]. (Reporting by Hiral Vora; Editing by John Mair)