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Positive global cues lift Indian equities

Positive global cues lift Indian equities

Mumbai, March 28 (IANS) Positive global cues and healthy buying in banking, automobile and consumer durables stocks lifted the Indian equity markets on Tuesday.

The key indices provisionally closed with gains of over half a per cent each. The NSE Nifty reclaimed the 9,100-mark.

 

The wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 55.60 points or 0.61 per cent to 9,100.80 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 29,301.22 points, provisionally closed at 29,409.52 points (at 3.30 p.m.) -- up 172.37 points or 0.59 per cent from the previous close at 29,237.15 points.

The Sensex touched a high of 29,442.18 points and a low of 29,301.22 points during the intra-day trade.

The BSE market breadth was marginally tilted in favour of the bulls -- with 1,445 advances and 1,401 declines.

On Monday, the benchmark indices were pulled lower by negative global cues and heavy selling pressure in metal, automobile, and healthcare stocks.

The currency market was closed on Tuesday on account of Gudhi Padwa.

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Positive global cues lift Indian equities

About VDC

Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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