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BREAKING NEWS

Global cues, value buying lift equity indices

22 Aug 2017

Mumbai Aug 22 (IANS) Positive global cues pushed the key Indian equity indices -- the NSE Nifty50 and the BSE Sensex -- higher during the early morning trade session on Tuesday.



According to market observers positive Asian markets and "an initial spurt of value buying" enhanced investors risk-taking appetite.

Healthy buying was witnessed in oil and gas consumer durables and IT stocks.

At 9.40 a.m. the 30-scrip Sensitive Index (Sensex) gained 69 points or 0.22 per cent.

The wider Nifty50 of the National Stock Exchange (NSE) traded higher by 32.05 points or 0.33 per cent at 9 786.40 points.

The Sensex of the BSE which opened at 31 393.93 points traded at 31 328.33 points (at 9.40 a.m.) higher by 69.48 points or 0.22 per cent from Monday s close at 31 258.85 points.

The Sensex touched a high of 31 484.28 points and a low of 31 307.52 points in the trade so far.

--IANS
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