BSE Sensex recovers 110 points in opening trade

Mumbai: The BSE benchmark Sensex today recovered by almost 110 points in the opening trade, with finance and other sector stocks rising on emergence of buying by funds and retail investors at prevailing low levels amid better trends on other Asian bourses.
The Sensex, which had lost 208.82 points in the previous session, rose by 109.74 points, or 0.60 per cent to 18,259.61 level, with banking, realty, auto and metal sector stocks leading the recovery.
Similarly, the broad-based National Stock Exchange index Nifty moved up by 36.40 points, or 0.66 per cent, to 5,483.05 points.
Market analysts said bargain buying by funds and retail investors at select counters, after sharp losses in the previous session helped stocks to trade at moderately higher levels.