Equity indices trade higher on positive global cues

Equity indices trade higher on positive global cues
Click for full image

Mumbai: Key Indian equity indices on Monday resumed trade after a four-day-long break on a positive note, with healthy buying witnessed in auto, capital goods and healthcare stocks.

According to market observers, positive cues from Asian peers, along with value buying, pushed the key indices to trade with appreciable gains during the mid-afternoon trade session.

Around 12.30 p.m., the wider Nifty50 of the National Stock Exchange (NSE) rose by 41.60 points, or 0.41 per cent to trade at 10,155.30 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,030.87 points, traded at 33,090.57 points — up 121.89 points, or 0.37 per cent, from its previous session’s close.

The Sensex has so far touched a high of 33,148.63 points and a low of 32,997.88 during the intra-day trade.

The BSE market breadth was bullish with 1,842 advances and 566 declines.

Last Wednesday, the key indices had closed on a lower note on the back of negative global markets, amid volatility infused by March futures and options (F&O) expiry.

The NSE Nifty50 fell by 70.45 points or 0.69 per cent to close at 10,113.70 points, while the S&P BSE Sensex closed at 32,968.68 points — down 205.71 points or 0.62 per cent.

IANS