Mumbai: Taking positive cues from global markets and covering-up of short positions by speculators, the benchmark BSE Sensex recovered by over 75 points in early trade on Friday on the back of widespread gains in blue-chips.
Besides, exports rising for the third straight month in November, spread cheer and supported the gauge’s recovery.
The 30-share index recovered 75.48 points, or 0.28 per cent, to 26,594.55, with sectoral indices led by consumer durables, auto, IT, realty and metal trading in the green, advancing by up to 0.66 per cent.
The barometer lost 178.75 points in the previous two sessions.
Also, the NSE Nifty was up 25.10 points, or 0.30 per cent, at 8,178.70.
Brokers said a fresh spell of buying triggered by a firming trend in other Asian bourses following overnight gains in the US markets, buoyed sentiment.
