The Bombay Stock Exchange benchmark Sensex today recovered by over 175 points in early trade. This follows buying by funds in frontline shares amid strong global cues.The 30-share index rose by 0.86 per cent to 20,521 points with all the sectoral indices trading in the positive territory. The index had lost about 10 points in the previous session after RBI hiked key short-term lending and borrowing rates by 25 basis points.The wide-based National Stock Exchange index Nifty moved up by 49 points, or 0.80 per cent, to 6,167.95 points.