Mumbai: After a stocks meltdown last week, the SENSEX showed signs of recovery by opening firm on the Bombay Stock Exchange (BSE) on April 15 on emergence of buying.

Infosys Technologies that had been battered during last week after the company announced poor outlook for 2003-04, attracted fairly good buying at the prevailing lower levels at early part of the session.

The BSE Sensitive Index opened remarkably up at 3010.96 as against the previous close of 2997.87 and later rose to a high at 3016.76 before being quoted at 2994.68 at 10:30 hours (IST).

However, brokers anticipated profit booking in the IT bellwether Infosys at Rs 3,000- level saying "hedge funds which have made heavy sales during last week are believed to be making purchases at the lower levels".

Others like Satyam Computers, HCL Tech, Mastek, Wipro, Hinduja TMT and Mascot System too were quoted substantially higher on buying support.

Meanwhile, both the Dow Jones Industrial Average and the NASDAQ Composite Index on April 14 rose by 147.69 points and 26.10 points respectively as a result of positive earnings reports for Citigroup.

PTI