The benchmark BSE Sensex staged a strong comeback in early trade on Friday, gaining over 250 points on widespread buying by participants in rate-sensitive realty, auto and banking stocks.
The 30-share BSE Sensex was trading higher by 253.38 points, or 0.68%, at 37,418.54.
All the sectoral indices, led by realty, auto, banking, healthcare, infrastructure, power, oil and gas, PSU and metal, recovered up to 1%.
The 30-share BSE Sensex had lost 441.42 points in the previous two sessions. The NSE Nifty reclaimed the 11,300 mark, by rising 70.55 points, or 0.62%, to 11,315.25.
Major gainers were Kotak Bank, ONGC, Axis Bank, HDFC, Yes Bank, RIL, TCS, M&M, Sun Pharma, Power Grid, Vedanta, Tata Motors, Adani Ports, Maruti Suzuki, SBI, NTPC, Coal India, Bajaj Auto, HDFC Bank and Tata Steel, rising up to 2%.