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Sensex recovers 125 points; Rupee up 13 paise in early trade

BSE

BSE Sensex rebounded over 125 points where rupee today recovered by 13 paise to 58.64 against the dollar in early trade

SensexMumbai: The benchmark BSE Sensex rebounded over 125 points in early trade today after yesterday’s fall as funds and investors made fresh purchases in consumer durables, realty, metal and PSU sector stocks amidst a firming trend in Asian markets.

The 30-share index, which had slipped from record highs by falling 78.86 points in yesterday’s trade, recovered by 125.37 points, or 0.52 per cent, to trade at 24,423.39.

Rupee up 13 paise against dollar in early trade

The rupee today recovered by 13 paise to 58.64 against the dollar in early trade at the Interbank Foreign Exchange market on fresh selling of dollars by exporters and banks.

A higher opening in the domestic equity market also supported the rupee but dollar’s gain against other currencies overseas limited the rise of domestic unit, forex dealers said.

The rupee had lost 14 paise to end at 58.

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