Mumbai Oct 3 (IANS) Key Indian equity indices on Tuesday surged as positive global cues coupled with healthy buying in automobile consumer durables and oil and gas stocks lifted investors sentiments.
According to market observers expectations of an economic stimulus package added fillip to the equity markets rise.
The wider 51-scrip Nifty50 of the National Stock Exchange (NSE) rose by 70.90 points or 0.72 per cent to provisionally close at 9 859.50 points (at 3.30 p.m.).
The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 31 537.81 points closed at 31 497.38 points -- up 213.66 points or 0.68 per cent.
The Sensex touched a high of 31 615.28 points and a low of 31 440.48 points during the intra-day trade.
The BSE market breadth was bullish -- with 1 397 advances and 1 273 declines.
On Friday the benchmark indices closed on a flat-to-positive note as investors booked profits.
The Nifty50 was up 19.65 points or 0.20 per cent to close at 9 788.60 points while the Sensex closed at 31 283.72 points -- up a mere 1.24 points.
--IANS
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