Mumbai March 8 (IANS) Taking a cue from global markets the key Indian equity market indices on Thursday opened higher.
The Sensitive Index (Sensex) of the BSE which had closed at 33 033.09 points on Wednesday opened higher at 33 244.52 points.
Minutes into trading it was quoting at 33 277.32 points up by 244.23 points or 0.74 per cent.
At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 10 154.20 points on Wednesday was quoting at 10 229.65 points up by 75.45 points or 0.74 per cent.
On Wednesday heavy selling pressure in banking capital goods and healthcare stocks as also negative cues from Asian and European markets dragged the key Indian equity indices lower for the sixth straight session.
According to market observers recent developments in the banking sector added to the downward trajectory of the key indices.
The Sensex was down by 284.11 points or 0.85 percent at the Wednesday s closing. In the day s trade the barometer 30-scrip sensitive index had touched a high of 33 331.21 points and a low of 32 991.14 points. The Nifty too was down by 95.05 points or 0.93 per cent.
On Thursday Asian indices were mostly showing a positive trend. Japan s Nikkei 225 was trading in green up by 0.70 per cent Hang Seng up by 1.46 per cent while South Korea s Kospi was also up by 0.62 per cent.
China s Shanghai Composite index was also quoting in green up by 0.19 per cent.
Nasdaq closed in green up by 0.33 per cent while FTSE 100 was also up by 0.15 per cent at the closing on Wednesday.
--IANS
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