Mumbai: The BSE benchmark Sensex on Tuesday recovered by over 121 points in morning trade on the back of fresh buying by participants triggered by a firming trend on other Asian bourses and recovery in the rupee.
    
The 30-share index gained 121.53 points, or 0.63 percent, to trade at 19,446.30, with all the sectoral indices led by realty, banking and capital goods rising up to 0.93 percent. Sensex had lost 171.05 points on Monday.
    
The wide-based National Stock Exchange index Nifty rose by 38.90 points, or 0.67 percent, to trade higher at 5,850.45.
    
Brokers said fresh buying by funds and retail investors, tracking a firming trend on other Asian bourses, following overnight gains in the US markets, supported the trading sentiment.
    
Besides, recovery in the rupee to 60.13 against the dollar also triggered buying activity, they said. In Asia, Hong Kong's Hang Seng index rose by 0.14 percent, while Japan's Nikkei was up by 1.16 percent in morning trade.
    
The US Dow Jones Industrial Average ended 0.59 percent higher on Monday.

(Agencies)

Latest News  from Business News Desk