A benchmark index for the equities markets rebounded 148 points in early trade on Monday on emergence of buying by funds at existing lower levels amid a firming Asian trend.

Snapping its six-day long losing streak, 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) recovered by 148 points, or 0.79 percent, to 18,883.60.

The index had lost over 835 points in the last six sessions.

All sectoral indices, led by realty and refinery stocks, trading in the positive zone with gains up to 1.98 percent.

Similarly, the wider 50-scrip S&P CNX Nifty of the National Stock Exchange (NSE) up 40.45 points or  0.72 percent, to 5,691.80.