Sensex up by 138 points on an early morning trade

The Bombay Stock Exchange benchmark Sensex recovered by over 138 points at open on emergence of buying by funds in heavyweight stocks at existing low levels.

The Bombay Stock Exchange benchmark Sensex recovered by over 138 points at open on emergence of buying by funds in heavyweight stocks at existing low levels.

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The sensitive index, which had lost over 100 points in previous day trading, wiped the losses to trade higher by 138.12 points at 20,866.17 in first five minutes of trading.

ACC Ltd, Cipla, Grasim Industries, Mahindra & Mahindra and Reliance Industries were among the stocks, which gained in the first five minutes of trade.

Similarly, the wide-based National Stock Exchange's Nifty rose by 53.65 points at 6,260.45 as most of the heavy-weights stocks like Reliance Industries, Larsen and Toubro, BHEL and SBI.