May 10, 2012 9:51 AM

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Sensex surges 151 pts in early trade

The BSE benchmark Sensex recovered by over 151 points in early trade today, after witnessing two sessions of losses. It recovered today on emergence of buying at prevailing attractive levels by funds as well as retailers. The 30-share barometer had lost over 433 points in the previous two sessions to hit four-month low. It rebounded by 151 points, or 0.92 per cent, to 16,631 points with all the sectoral indices, led by capital goods, recovering up to 1.25 per cent.The wide-based National Stock Exchange index Nifty also moved up by 47 points, or 0.95 per cent, to 5,022 points.In the Asian region, Japan's Nikkei up by 0.22 per cent, while Hong Kong's Hang Seng index was down marginally by 0.15 per cent in early trade. The US Dow Jones Industrial Average ended 0.75 per cent lower in yesterday's trade.

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