Sensex recovers 151 points in early trade
The 30-share index, which had lost 209.11 points on Thursday, touched 16,468.03 points in the first five minutes of trade.business Updated: May 30, 2008 10:19 IST
The Bombay Stock Exchange benchmark Sensex on Friday, recovered by over 151 points in early trade on buying by funds, triggered by firming global markets.
The 30-share index, which had lost 209.11 points on Thursday, rose 151.77 points to 16,468.03 points in the first five minutes of trade.
The wide-based National Stock Exchange's Nifty gained 51.65 points to 4,886.95 in early trade.
Marketmen said trading sentiments on the domestic bourses were boosted by firming global stock markets.
They said, as today being the opening session of June month contract in the derivative segment, speculators were making purchases at selective counters.
Major gainers which support Sensex were Larsen & Toubro, BHEL, Grasim Industries, HDFC Bank, HDFC Ltd, Bharti Airtel, SBI, ICICI Bank, Reliance Industries, ONGC, DLF Ltd and Rcom.