The BSE benchmark Sensex today rose over 46 points in early trade after two sessions of losses on emergence of buying by funds in oil and gas, capital goods, realty and power sectors stocks on the first session of new settlement in the derivatives segment.
The 30-share barometer rose by 46.11 points, or 0.23 per cent, to 19,850.87 points. The index had lost almost 498 points in the previous two sessions. Similarly, the wide-based National Stock Exchange index Nifty moved up by 16.05 points, or 0.27 per cent, to 5,923.55. Brokers said besides fresh buying by funds in select stocks following beginning of new settlement in the derivatives segment, recovery in the rupee in the forex market, helped trading sentiment to improve. They said, however, a weak trend on the other Asian bourses, capped the gains on the domestic markets.
Meanwhile, Japan's Nikkei was down by 1.53 per cent, while Hong Kong's Hang Seng index shed 0.18 per cent in early trade today. The US Dow Jones Industrial Average ended 0.09 per cent higher yesterday.