Mumbai, June 02: The Bombay Stock Exchange benchmark Sensex recovered by over 106 points in opening trade today, after yesterday’s tumble, on emergence of buying by foreign funds amid a firming Asian trend.
The 30-share index, which had lost 372.60 points in yesterday’s trading, bounced back by 106.06 points, or 0.63 per cent to 16,678.09 points.
Stocks of auto, consumer durables and realty sectors were in the positive zone with gains up to 1.32 per cent.
Likewise, the wide-based National Stock Exchange’s Nifty rose by 31.40 points, or 0.63 per cent, to 5,001.60 points.
Brokers said steady trends on Asian bourses triggered selective buying by foreign funds as well as retail investors, helping Sensex to recover a part of yesterday’s losses.
Auto sectors stocks were back in demand after Maruti Suzuki and other auto majors posted strong monthly sales in May.
Hero Honda was up by 1.18 per cent to Rs. 1,940.50, Maruti Suzuki by 1.88 per cent to Rs. 1,282.90, Tata Motors by 1.29 per cent to Rs. 735 and Mahindra and Mahindra by 1.79 per cent to Rs. 574.
Shares of RCom shot up 4.56 per cent to Rs. 145.60 on speculative buying. Reliance industries rose by 0.28 per cent to Rs. 1,014.40, Infosys Technologies by 0.94 per cent to Rs. 2,650, State Bank of India by 0.72 per cent to Rs. 2,226 and DLF Ltd 0.72 per cent to Rs. 272.75.
—–PTI