August 22, 2011 2:23 PM

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Sensex recovers early losses, up by 100 pts

Fresh buying in select counters, mainly realty, consumer durables, capital goods and power, helped the BSE benchmark Sensex recover from early losses to trade nearly 100 points higher vis-a-vis its previous close in early trade today. The 30-share Bombay Stock Exchange index resumed higher at 16,155.99 and hovered in a range between 16,237 and 16,247. The NSE's 50-share Nifty gained over 28 points, or 0.59 per cent, at 4,874 at 1413 hours. Major Asian stock markets lost at least 1 per cent last week as investors fretted about global growth prospects and awaited further developments in the euro-zone debt crisis.

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