Sensex recovers on early trade, up 125 pts
Sensex recovers by opening higher by 125 higher on the Bombay Stock Exchange on Wednesday on revival of buying by funds.business Updated: Oct 31, 2007 11:14 IST
The benchmark Sensex recovered by opening higher by 125 points on the Bombay Stock Exchange on Wednesday on revival of buying by funds.
The 30-share index, Sensex, which had lost 196 points on Tuesday, gained 124.96 points at 19,908.47 in the first five minutes of trade on heavy buying in index-linked shares like Reliance Industries, Bharti Airtel and Infosys Technology.
Similarly, the wide-based National Stock Exchange's Nifty rose by 45.15 points at 5,913.90.
The market remained in better form as most of the banking stocks rose on expectations that the US Federal Reserve might cut interest rates.