Mumbai: Snapping its four-session losing streak, the BSE benchmark Sensex recovered by over 130 points in early trade on Tuesday on fresh buying by funds and retail investors amid a firming trend at Asian markets.

The 30-share barometer, which has lost 515 points in the last four straight sessions, rose by 130.62 points, or 0.76 percent, to 17,233.93.

All sectoral indices, led by consumer durables and capital goods, were trading in the positive zone with gains up to 0.77 percent.

Similarly, the wide-based National Stock Exchange index Nifty was up 37.70 points, or 0.73 percent, at 5,234.95.

Brokers said fresh round of buying by funds and retail following a firming trend on Asian bourses on hopes of a new round of quantitative easing in the US as Federal Reserve Chairman Ben Bernanke is to appear before Congress later on Tuesday, influenced the trading sentiments here.

In Asian region, Japan's Nikkei was up 0.84 percent, while Hong Kong's Hang Seng index gained 1.39 percent in early trade on Tuesday.

(Agencies)

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