Sensex up 77 pts in early trade

The BSE 30-share index, which suffered major losses in the last two trading sessions, is up at 12,790.77.

Tracking global markets, the benchmark Sensex rebounded by over 77 points in early trade on Friday on the Bombay Stock Exchange, on the back of buying by foreign funds in blue-chip stocks.

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The BSE 30-share index, Sensex, which suffered major losses in the last two trading sessions, was up by 77.97 points at 12,790.77 in the first five minutes of trade.

Similarly, the Nifty index on the National Stock Exchange was up by 20.80 points at 3698.60.

Major support to the Sensex came in from stocks such as Reliance Communications, TCS, Gujarat Ambuja Cement, Bajaj Auto, Reliance Industries, BHEL, Hindalco, Cipla, Wipro, Tata Steel, Larsen and Toubro and Infosys Technologies.