Sensex up 124 points in early trade

The benchmark Sensex rises to 19,653.65, following heavy buying by funds in reality and banking shares.

The Bombay Stock Exchange benchmark index rose by 124 points in early trade on Wednesday, following heavy buying by funds in reality and banking shares.

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The 30-share index, which shed 73 points yesterday, bounce back gaining 124.15 points to 19,653.65 in the first five minutes of trade.

The wide-based National Stock Exchange index, Nifty, also rose by 35.90 points to 5,894.25 points.