The benchmark BSE Sensex recovered over 50 points to regain the 27,000 mark and the NSE Nifty rose by 15 points in early trade on Wednesday.
The 30-share index rose by 50.05 points to trade above the 27,000 mark at 27,037.51.
The gauge has lost 900.44 points in the previous two sessions.
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Stocks of consumer durables, realty, IT, FMCG and oil & gas sectors led the recovery.
The National Stock Exchange index Nifty was up by 15 points to 8,142.35.
Brokers said emergence of buying at prevailing lower levels in bluechips helped key indices to trade in the positive zone.
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Among other Asian markets, Hong Kong’s Hang Seng was down by 0.38 per cent, while Japan’s Nikkei was up by 0.54 per cent in early trade.
The US Dow Jones industrial average ended 0.74 per cent lower in Tuesday’s trade.