Mumbai, May 8 (IANS) Positive global cues, a strong rupee and short covering buoyed the Indian equity markets to close on a flat-to-positive note on Monday.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 28.75 points or 0.31 per cent to provisionally close at 9,314.05 points.
The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 29,915.12 points, provisionally closed at 29,926.15 points (at 3.30 p.m.) -- up 67.35 points or 0.23 per cent from the previous day's close at 29,858.80 points.
The Sensex touched a high of 30,016.04 points -- crossing the important 30,000-mark -- and a low of 29,877.41 points during the day's trade.
The BSE market breadth was bullish, with 1,619 advances and 1,143 declines.
On Friday, the benchmark indices closed in the red due to profit booking.
The NSE Nifty declined by 74.60 points or 0.80 per cent to 9,285.30 points, while the BSE Sensex closed at 29,858.80 points, down 267.41 points or 0.89 per cent.
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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.