Sensex up over 72 points in early trade
The 30-share barometer, which had lost 120.25 points yesterday, recovered by 72.40 points, or 0.36 per cent, to 20,053.97 in early trade.
Similarly, the wide-based National Stock Exchange index Nifty moved up by 21.30 points, or 0.35 per cent, to 6,069.80.
Brokers said fresh buying by major players after yesterday's profit-booking amid a mixed trend in Asian markets, following overnight gains on the US markets on
stronger-than-expected earnings results, influenced the trading sentiment here.
Meanwhile, in Asia, Hong Kong's Hang Seng index rose by 0.19 per cent, while Japan's Nikkei shed 0.88 per cent in early trade today.
The US Dow Jones Industrial Average ended 0.46 per cent higher in yesterday's trade.
GLOBAL MARKETS ROUNDUP
* Asian shares nudged higher on Wednesday following gains in Wall Street overnight, with upbeat U.S. earnings and improving German investor sentiment encouraging buying of riskier assets.
* The yen held firm on Wednesday, having posted its biggest one-day gain in around eight months on the greenback as investors cut bearish bets on the currency following the Bank of Japan's latest move to spur the economy.
* Oil prices rose on Tuesday, supported by Bank of Japan plans for asset buying and strong investor confidence data from Germany that boosted the outlook for fuel demand.
* U.S. Treasuries prices rose on Tuesday, erasing earlier losses, after weaker housing data
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