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Q1 results, fund flows buoy Indian equity indices

Q1 results, fund flows buoy Indian equity indices

Mumbai, Aug 8 (IANS) The Indian equity markets traded on a flat-to-positive note during the early morning trade session on Tuesday.

According to market observers, positive quarterly results, continuous fund inflows and a strong rupee buoyed the key indices.

 

Further, healthy buying was witnessed in metals, automobile and capital goods stocks.

At 9.30 a.m., the wider Nifty50 of the National Stock Exchange (NSE) traded higher by 18.70 points or 0.19 per cent at 10,076.10 points.

On the other hand, the 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 32,341.05 points, traded at 32,320.40 points -- up 46.73 points, or 0.14 per cent -- from its previous close at 32,273.67 points.

The Sensex has so far touched a high of 32,354.77 points and a low of 32,298.89 points during intra-day trade.

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Q1 results, fund flows buoy Indian equity indices

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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.