Sensex recovers 128 points in early trade

The Bombay Stock Exchange benchmark Sensex recovers 128 points in early trade on emergence of buying by funds in index related stocks at existing lower levels.

The Bombay Stock Exchange benchmark Sensex on Friday recovered 128 points in early trade on emergence of buying by funds in index related stocks at existing lower levels.

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The 30-share index, which had lost over 300 points on Thursday, rose 128.36 points to 17,035.89 in the first five minutes of trade.

Similarly, Nifty gained 28.65 points to 5,054.10 as index related stocks rose sharply.