Friday, June 23 2006 11:12 Hrs (IST) - World Time -

Mumbai: Fresh support from bull operators coupled with selective fund buying helped the Bombay Stock Exchange benchmark Sensex, which had crashed by over 250 points in early trading, recover by over 148 points today (June 23, 2006).

A sudden negative turn in global markets put breaks to equity rally at home and the stock markets today fell back by 251 points to 10,025.19 during morning trading amid selling pressure at the week-end session.

The 30-share sensitive index (Sensex) opened weak at 10,201.31 points and later plunged to 10,025.19 points as investors resorted to selling pressure, taking a cue from weak global markets.

The Sensex, however, recovered later on fresh support from bull operators coupled with selective fund buying and was quoted at 10,173.53 points at 10.30 am from last close of 10,275.88 points.

Bulls resisted sales made by traders, consuming a large part of it, aiding the market to recover from a low of 10,025.19 points, market players said.

The National Stock Exchange's (NSE) S&P CNX Nifty was quoted 27.65 points down at 2,967.10 from previous close of 2,994.75.

The Dow Jones Industrial Average yesterday dropped by over 60 points and the Nasdaq Composite Index by 18 points.

The Asian markets too were quoted sharply lower during morning trading.