Today indian stock market updates| BSE Sensex recovers as IT, metal, banking stocks gain

After a resting day, the market seems to be picking up pace slightly again. The BSE Sensex recovered by over 92pts to 27,178.80 in early trade on the back of gains in IT, teck, metal and banking sector stocks, tracking firming Asian cues. and the 50-share National Stock Exchange index Nifty traded above 8,100-mark by gaining 21.10 points, or 0.26 per cent, to 8,117.05.

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The 30-share barometer, which had lost 54.01 pts in the previous session, recovered by 92.87 points, or 0.34% , to 27,178.80 in early trade.

Major gainers among the 30 Sensex stocks were Infosys, TCS, Wipro, Larsen and Toubro and SBI, helping the key indices to trade in positive zone.

Meanwhile, Hong Kong’s Hang Seng index rose by 0.23% while Japan’s Nikkei moved up by 0.17% in the early trade on Friday.

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Wipro is a ‘Buy’ call with a target 588/ 598 and a stop loss of Rs 575.”