Mumbai: The BSE benchmark Sensex recovered by over 88 points in early trade on Friday after Thursday's losses on emergence of buying by funds and retailers, tracking a firming trend in Asian markets.
The 30-share barometer, which had lost 70.99 points in the previous session, recovered by 88.47 points, or 0.50 percent, to 17,745.68.
All sectoral indices trading in the positive zone with gains of up to 0.97 percent.
Similarly, the wide-based National Stock Exchange index Nifty was up 19.95 points, or 0.37 percent, at 5,382.90.
Brokers said fresh buying by funds and retail investors amid a firming trend in Asian bourses in line with overnight gains on Wall Street and European markets after comments from German Chancellor Angela Merkel reasserting her desire to save the eurozone, mainly influenced the trading sentiment.
In Asian region, Hong Kong's Hang Seng index rose by 0.53 percent, while Japan's nikkei index by 0.63 percent in opening trade.
The US Dow Jones industrial average index ended 0.65 percent higher in Thursday's trade.


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