Mumbai, February 03: The Bombay Stock Exchange benchmark Sensex today gained 166 points in early trade on buying in metal, realty and auto stocks by funds, triggered by firm global cues. The 30-share index rose by 166.67 points to 16,330.11 points in the first five minutes of trade.
The BSE barometer had lost 192.59 points in the previous trading session. The wide-based National Stock Exchange index Nifty also moved up by 51.85 points to 4,881.95 points.
Brokers said revival of buying by funds on better global trend pushed up the Sensex. Hong Kong”s Hang Seng gained 0.71 per cent and Japan”s Nikkei rose by 0.28 per cent in early trade.
Singapore was up 0.76 per cent. The US markets closed higher by 1.09 per cent last night after better-than-expected results by delivery giant UPS, an economic bellwether, chemicals major Dow Chemical and builder D R Horton.
—-PTI