Mumbai, May 26 (PTI) The Bombay Stock Exchange benchmark Sensex recovered by nearly 232 points in opening trade today, after dipping to a three-month low in yesterday’s trade, on positive cues from Asian markets.
The 30-share index, which had lost 447.07 in the previous sessions, bounced back by 231.41 points, or 1.44 per cent, to 16,253.89 points.
Reflecting the widespread-recovery, all the sectoral indices were trading in the green with gains up to 1.86 per cent.
The wide-based National Stock Exchange’s Nifty rose 70.55 points, or 1.46 per cent, to 4,877.30(rpt)4,877.30 points.
Brokers said covering-up of pending positions by speculators ahead of tomorrow’s monthly expiry in derivatives segment also played a role in the recovery.
Besides, positive cues from Asia where all the bourses were trading up to 1 per cent higher also supported the upside trend, they added.
Among gainers Reliance industries rose by 1.23 per cent to Rs 999, Sterlite Industries by 2.
–Agencies