Mumbai: The Bombay Stock Exchange benchmark, Sensex, rose by over 112 points in early trade on fresh round of buying by funds and retail investors, supported by further recovery in the rupee and a firming trend in Asian markets. The 30-share barometer, which shed 4.48 points in the previous choppy session, recovered by 112.03 points or 0.69 percent, to 16,329.85. All sectoral indices, led by auto and banking, were trading in the positive zone with gains of up to 0.81 percent. The wide-based National Stock Exchange index, Nifty, moved up by 34.20 points or 0.69 percent, to 4,954.60. Brokers said fresh buying by funds and retail investors, following recovery in the rupee for the third straight day against the American currency and a firming trend on Asian bourses boosted the trading sentiment here. The rupee was trading 32 paise higher at 55.05 against the U.S. dollar in early trade. In the Asian region, Hong Kong's Hang Seng Index rose by 0.24 percent and Japan's Nikkei Index up by 0.02 per cent in morning trade.