The BSE benchmark Sensex on Friday recovered by over 105 points in early trade, on fresh buying by funds and retail investors at lower levels.
The 30-share barometer, which had lost over 405 points yesterday, rebounded by 105.20 points, or 0.61 per cent, to 17,301.67.
All sectoral indices were trading in the positive zone, with gains of up to 1.63 per cent.
The wide-based National Stock Exchange index Nifty also moved up by 31.85 points, or 0.60 per cent, to 5,260.30.
Brokers said revival of buying by funds and retail investors at existing lower levels boosted the trading sentiment.
However, a weakening trend persisted on other Asian bourses following overnight losses at the US markets.
Stocks of realty, banking and consumer durable sectors, which suffered huge losses yesterday, were back in demand, helping Sensex to recover.
In Asia, Hong Kong’s Hang Seng Index fell 1.02 per cent, while Japan’s Nikkei index was down 1.16 per cent in the morning trade.
