Mumbai June 1 (IANS) The Indian equity markets traded on a flat-to-positive note during the late morning session on Thursday as disappointing macro-economic data eroded investors risk-taking appetite.
According to market observers other factors such as a weak rupee and broadly negative global cues subdued the key stock markets.
However short covering and buying in healthcare automobile and FMCG stocks kept the major indices in positive territory.
The 30-scrip Sensitive Index (Sensex) of the BSE marginally gained 13.28 points or 0.04 per cent.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched up by 1.60 points or 0.02 per cent at 9 622.85 points.
The S&P BSE Sensex which opened at 31 117.09 points was trading at 31 159.08 points (at 11.10 a.m.) was higher by 13.28 points or 0.04 per cent from the previous day s close at 31 145.80 points.
The Sensex touched a high of 31 213.12 points and a low of 31 070.47 points during the trade so far.
--IANS
rv/in/vt
Disappointing macro-data depresses equity markets
