The benchmark Sensex reclaimed the 26,000-mark by rising over 260 points and the Nifty regained the key 8,000-level in early trade today, after six days of losses, on widespread buying amid firm Asian cues.
The 30-share Sensex was quoting sharply higher by 260.79 points or 1.01 percent, at 26,025.93 in early trade with all the sectoral indices led by metal and auto were trading in the positive zone, gaining by up to 2.20 percent.
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The Nifty too was trading above the 8,000-mark by surging 83.30 points or 1.05 percent at 8,012.40 in early trade.
Brokers said the emergence of buying by investors coupled with a better trend in other regional markets following overnight gains in the US and European equity markets influenced sentiments here.
Moreover, sustained buying by domestic institutional investors too supported the recovery, they added.
Among other Asian markets, Hong Kong’s Hang Seng was up 1.37 per cent, while Shanghai Composite Index gained 0.66 percent in early trade today. Japan’s Nikkei also gained 0.04 per cent.
The US Dow Jones Industrial Average ended 0.47 percent higher in yesterday’s trade.
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