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BREAKING NEWS

Equities rise on positive global cues, strong rupee (Second Lead)

29 Mar 2017

Mumbai March 29 (IANS) Positive global cues along with a strong rupee and healthy buying in banking capital goods and consumer durables stocks gave a fillip to the Indian equity markets on Wednesday.

The key indices closed with gains close to half a per cent each.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) retained its stay in the 9 100-plus region and rose by 43 points or 0.47 per cent to 9 143.80 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE which opened at 29 463.01 points provisionally closed at 29 543.83 points (at 3.30 p.m.) -- up 134.31 points or 0.46 per cent from the previous close at 29 409.52 points.

The Sensex touched a high of 29 535.04 points and a low of 29 439.42 points during the intra-day trade.

In contrast the BSE market breadth was bearish -- with 1 184 advances and 1 646 declines.

On Tuesday the benchmark indices closed with gains on the back of massive inflow of foreign funds and value buying.

--IANS
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