Mumbai: The benchmark BSE Sensex rose by almost 350 points in early trade today on emergence of buying by funds and retail investors amid a firming trend in global markets after the US Federal Reserve took a dovish stance on monetary policy.
Besides, strengthening of the rupee against the US dollar supported the recovery.
The 30-share index, which had lost 114.26 points in the previous session, rose by 349.79 points, or 1.22 per cent, to 28,971.91, with all sectoral indices, led by healthcare, capital goods, metal and consumer durables, trading in positive zone with gains up to 1.46 per cent.
Also, the National Stock Exchange index Nifty regained the 8,700-mark by surging 99.95 points, or 1.15 per cent, to 8,785.85.
