Snapping a six-session long losing streak, the BSE benchmark index today recovered by over 56 points in early trade on the back of fresh buying by funds and retail investors amid a firm trend in Asian markets.
The 30-share barometer rose by 56.22 points, or 0.30 per cent, to 18,365.59 with stocks of realty, capital goods, IT and auto sectors leading the recovery. The index lost almost 593 points in the past six sessions.
The wide-based National Stock Exchange index Nifty moved up by 10.25 points, or 0.18 per cent, to 5,584.30.
Brokers said the trading sentiment turned slightly better on selective buying by funds and retail investors, tracking a firm trend in Asian markets.
In Asia, Hong Kong’s Hang Seng rose by 0.24 per cent, while the Japan’s Nikkei by 1.33 per cent in early trade.
The US Dow Jones Industrial Average had ended 0.23 per cent higher in previous session on Friday.