Mumbai: After witnessing weak trends on Thursday, BSE benchmark Sensex climbed back 49 points in early trade at 18,384 points.

The 30-share index of the Bombay Stock Exchange, which lost 249.17 points in Thursday trade, recovered by 49.70  points, or 0.26 per cent, to 18,384.49 with oil and gas, PSU, capital goods and technology sector stocks staging a partial recovery.

Similarly, the wide-based National Stock Exchange Nifty index also moved up by 17.20 points, or 0.31 per cent, to 5,503.35.

Brokers attributed the recovery in opening trade to emergence of buying by funds and retail investors, as several stocks were attractive at current levels.

Stocks of Coal India Ltd gained 0.97 per cent to Rs 385.00 after the company reported a 24.2 per cent rise in standalone net profit to Rs 4,696 crore for 2010-11.

Meanwhile, the Dow Jones Industrial Average in the US ended 0.52 per cent higher in Thursday's trade.

(Agencies)