Global cues, value buying lift equity markets


Positive global cues coupled with value buying pushed the key Indian equity indices higher during the early morning trade session on Tuesday.

According to market observers, positive Asian indices and expectations of an economic stimulus package aided in the equity markets’ rise.

At 9.30 a.m., the 30-scrip Sensitive Index (Sensex), traded 178 points or 0.57 per cent higher.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) also made gains. It traded 52 points or 0.53 per cent higher at 9,840.60 points.

The Sensex of the BSE, which opened at 31,537.81 points, traded at 31,462.17 points (at 9.30 a.m.), higher by 178.45 points or 0.57 per cent from the previous day’s close at 31,283.72 points.

The Sensex touched a high of 31,615.28points and a low of 31,440.48 points during the intra-day trade so far.