Mumbai March 8 (IANS) Riding on positive global cues and healthy buying in banking auto and capital goods stocks the key Indian equity indices on Thursday recovered from a six-day losing streak to provisionally close with substantial gains.
The barometer 30-scrip Sensitive Index (Sensex) of the BSE provisionally closed (at 3.30 p.m.) 305.69 points or 0.93 per cent higher at 33 338.78 points after touching a high of 33 439.97 points and a low of 33 037.48 during the intra-day trade.
However the BSE market breadth was bearish with 1 507 declines and 1 203 advances.
On the National Stock Exchange (NSE) the wider Nifty50 closed at 10 242.65 points -- up 88.45 points or 0.87 per cent from the previous session s close.
On Wednesday heavy selling pressure in banking capital goods and healthcare stocks as also negative cues from Asian and European markets dragged the benchmark indices lower.
The Nifty50 receded by 95.05 points or 0.93 per cent to close at 10 154.20 points while the Sensex closed at 33 033.09 points -- down 284.11 points or 0.85 per cent.
--IANS
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