Sensex up 18 points in early trade

The BSE-30 goes up by 18.43 points at 14,514.20 in the first five minutes of trade on buying by funds and retail investors.

Tracking global markets, the benchmark Sensex recovered over 18 points in early trade today on the Bombay Stock Exchange (BSE) on emergence of buying by funds and retail investors.

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The BSE-30 share index, Sensex, which had lost 74.98 points in the previous session, went up by 18.43 points at 14,514.20 in the first five minutes of trade on significant rise in prices of heavy-weight stocks.

Similarly, the wide-based National Stock Exchange's Nifty rose 3.70 points at 4,270.75.

Stock brokers said firming global markets mainly influenced the trading sentiments here, triggering fresh buying by funds at select counters.

Meanwhile, shares of Nitin Fire Protection Industries were listed on the BSE at Rs 332.50 and surged to Rs 480 against the offer price of Rs 190.