Mumbai May 22 (IANS) Positive global cues and healthy buying in FMCG consumer durables and capital goods stocks lifted the Indian equity markets on Monday.
The S&P FMCG index witnessed a surge of 297.25 points or 3.09 per cent during intra-day trade.
The key indices which started off the day s trade on a strong note pared some gains to provisionally close in the green as investors booked profits.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 11.40 points or 0.12 per cent to 9 439.30 points.
The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 30 638.88 points provisionally closed at 30 570.97 points (at 3.30 p.m.) -- up 106.05 points or 0.35 per cent from its previous close at 30 464.92 points.
The Sensex touched a high of 30 712.15 points and a low of 30 516.87 points.
However the BSE market breadth was bearish -- with 1 837 declines and 887 advances.
On Friday the NSE Nifty closed at 9 427.90 points while the BSE Sensex closed at 30 464.92 points.
--IANS
ppg/vt
Positive global cues lift Indian equities, FMCG stocks gain (Second Lead)
