Mumbai: The BSE benchmark index Sensex today recovered by over 35 points in morning trade on selective buying by funds and retail investors in banking, IT and oil stocks.
    
The 30-share index, which had lost 62.14 points in the previous session, rose by 35.41 points, or 0.18 percent, to 20,259.39 points. The wide-based National Stock Exchange index Nifty gained 8.85 points, or 0.14 percent, to trade at 6,165.75 points.
     
Brokers said fresh buying by funds and retail investors after Monday's profit-booking helped select stocks to stage a comeback. They said a weak trend in the Asian region following overnight losses at the US market limited the gains.
     
Among gainers, Reliance Industries was up by 0.74 percent, HDFC by 1.14 percent and ICICI Bank by 0.36 percent. IT majors Infosys, Wipro and TCS posted gains of up to 1.20 percent in morning trade.
    
In Asia, Hong Kong's Hang Seng index was down 0.37 percent, while Japan's Nikkei shed 0.63 percent. The US Dow Jones Industrial Average ended 0.12 percent lower in on Monday.

(Agencies)

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