Sensex up by 97 points on global cues

The benchmark Sensex recovered by over 97 points in early trade on the BSE on Thursday on revival of buying by funds encouraged by firm global trend.

The benchmark Sensex recovered by over 97 points in early trade on the Bombay Stock Exchange on Thursday on revival of buying by funds encouraged by firm global trend.

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The 30-share Sensex, which shed nearly 30 points at previous day's closing, bounce by 97.29 points to touch 15,602.65 points in the first five minutes of trade on buying in reality and banking stocks.

BSE reality index shot by over 2 per cent lead by stocks of Unitech Ltd.

Similary, wide-base National Stock Exchanges' Nifty rose by 19.95 points at 4,524.80 points.

Market sentiment turned bullish on heavy buying in fundamentally strong shares available at lower level amid firming trend in the global markets.