Sensex gains 26 points in early trade
Mumbai: The BSE benchmark Sensex recovered marginally by over 26 points in early trade Tuesday after two sessions of weakness on selective buying by funds and retail investors.
The 30-share barometer, which has lost 150.40 points in the last two sessions, rose by 26.38 points, or 0.15 percent, to 16,908.54 points with realty, capital goods and oil and gas stocks trading in positive zone.
Similarly, the wide-based National Stock Exchange index Nifty was up 10.20 points, or 0.19 percent, at 5,124.85.
Brokers said buying by funds and retail investors on expectations that the government may announce more measures to revive economy and boost market conditions influenced the sentiment.
In the Asian region, Japan's Nikkei was down 0.86 percent, while Hong Kong's Hang Seng index gained 0.13 percent in early trade. The US Dow Jones Industrial Average ended 1.09 percent lower in yesterday's trade.