Mumbai: The Bombay Stock Exchange benchmark Sensex gained over 119 points in early trade on Tuesday on buying by funds and retail investors amid a firming trend on other Asian bourses.

The 30-share barometer, which has lost almost 802 points in the previous four sessions, gained 119.14 points, or 0.68 percent, to 17,625.77 as investors purchased fundamentally strong stocks available at attractive levels following a steep fall on Monday.

The wide-based National Stock Exchange Nifty index also moved up by 31.25 points, or 0.59 percent, to 5,289.15 points.

Brokers said fresh buying by funds and investors at prevailing levels and a firming trend on other Asian bourses mainly helped the trading sentiment to improve.

Meanwhile, Hong Kong's Hang Seng index rose by 0.85 percent and Japan's Nikkei by 0.89 percent in early trade on Tuesday.

In the US, the Dow Jones Industrial Average ended 0.63 percent higher on Monday.

(Agencies)