Sensex recovers 123 points at open

The Bombay Stock Exchange benchmark Sensex surged over 123 points on emergence of buying by funds at existing lower levels.

The 30-share index, which has lost over 400 points in Friday's trade, regained 123.48 point at 15,466.60 in first five minutes of trade.
Similarly, the wide-based National Stock Exchange's Nifty rose by 47.35 points at 4,694.35 as heavy-weight stocks like Reliance Industries, Infosys and State Bank of India rose smartly.

Marketmen reported snap-up of buying activities due to a firming global trade.