Mumbai: The benchmark BSE Sensex rose over 113 points in morning trade on Monday on emergence of buying by participants in select bluechip stocks amid a mixed trend at other Asian markets.The index had lost 230.86 points in the previous session on Friday due to profit-booking in bluechips.
The 30-share index gained 113.19 points, or 0.38 percent, at 29,344.60 as stocks of capital goods, banking, metal, tech and IT sectors, led the recovery.
Also, the National Stock Exchange index Nifty recovered by 26.60 points, or 0.30 percent, at 8,860.20.
Brokers said apart from optimistic buying by investors ahead of the Budget, a mixed trend at other Asian markets after Eurozone ministers agreed to extend Greece’s bailout by four months, influenced trading sentiments here.
Among other Asian markets, Japan’s Nikkei rose by 0.89 percent, while Hong Kong’s Hang Seng index was down by 0.06 percent in morning trade on Monday.
The US Dow Jones Industrial Average ended 0.86 percent higher in Friday’s trade.