Sensex recovers over 200 points, Nifty reclaims 8,400-mark

The NSE Nifty was trading higher by 79.30 points, or 0.95 percent, at 8,398.30 after making a high of 8,404.95 in intra-day trade early.

Zee Media Bureau

The benchmark BSE Sensex recovered over 200 points in early trade Friday on fresh buying by participants as the June series in the derivatives segment began amid firm Asian cues.

However, caution prevailed ahead of GDP numbers for the January-March quarter to be released in the day and disappointing earnings by more companies.

The 30-share index, which had lost 57.95 points in the previous volatile session, rose 235.69 points, or 0.86 percent, to 27,742.40.

On similar lines, the NSE Nifty was trading higher by 79.30 points, or 0.95 percent, at 8,398.30 after making a high of 8,404.95 in intra-day trade early.

Brokers said fresh positions built up by participants, following beginning of the June F&O series and value-buying at select counters helped trading sentiment improve.

Besides, a better trend at other Asian markets triggered buying on domestic bourses, they added.

Among other Asian markets, Japan's Nikkei gained 0.26 percent while Hong Kong's Hang Seng was up 0.30 percent in early trade today.

The US Dow Jones Industrial Average ended 0.20 percent lower in yesterday's trade.

With Agency Inputs

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