The Bombay Stock Exchange (BSE) benchmark Sensex jumped more than 66 points in early trade on Tuesday, thanks to selective buying by funds.

Helped by strong demand for shares of IT, public sector units, healthcare and oil & gas companies, the 30-share indicator jumped 66.27 points, or 0.33 per cent, to 19,757.94.

It was a considerable recovery after the benchmark index lost more than 430 points on Monday.

Likewise, the National Stock Exchange (NSE) index Nifty gained 15.35 points, or 0.26 per cent, to 5,995.80.

The gains were attributed to strong buying by funds in select stocks and improved trading sentiment amid an improving trend on other Asian exchanges.

Hang Seng index of Hong Kong gained 0.03 per cent, while Japan's Nikkei was up 0.09 per cent in early trade today. Nifty futures on the Singapore Exchange and the MSCI-Asia Pacific index excluding Japan were up 0.26 per cent and 0.41 per cent, respectively.