Sensex up over 74 points in early trade

The BSE benchmark Sensex on Tuesday rose over 74 points in early trade on fresh buying by participants ahead of the RBI's mid-quarter monetary policy review, amid a firm trend in the Asian region.

The 30-share barometer, which had lost 72.83 points on Monday, recovered by 74.18
points, or 0.39 per cent, to 19,318.60, with all sectoral indices rising up to 0.67%.

Similarly, the wide-based National Stock Exchange index Nifty gained 21.20 points, or 0.36%, to 5879.10.

Brokers said fresh buying by funds ahead of the RBI's mid-quarter monetary policy to be announced later on Tuesday, influenced the trading sentiments.

Besides, a firming trend in the Asian region also had a positive impact, they said.

Meanwhile, in Asia, Japan's Nikkei was up by 1.10%, while Hong Kong's Hang Seng gained 0.18%.

The US Dow Jones Industrial Average ended 0.76% higher on Tuesday.