Sensex up 103 pts in morning trade

The Bombay Stock Exchange sensitive index, Sensex, on Thursday rose over 103 points in early trade on emergence of buying at prevailing levels amid a firming trend overseas.

The 30-share index, which had lost 686.25 points in the last four sessions, recovered by 103.29 points, or 0.54 percent, to 18,987.48 points with all the sectoral indices gaining up to 0.85 percent.

In a similar fashion, wide-based National Stock Exchange index, Nifty, moved up by 29.30 points, or 0.51 percent to 5,723.70.

In the Asian region, Hong Kong's Hang Seng Index was up by 0.19 percent, while Japan's Nikkei Index was being quoted 1.29 percent higher in the morning trade on Thursday.

The US the Dow Jones Industrial Average closed 0.39 percent higher on Wednesday.