Global cues push Indian equity markets higher

Mumbai, June 28 (IANS) Global cues and a moderately rebounding rupee led key Indian equity indices to trade in the green on Tuesday, while recovering considerably from last week’s Brexit hangover.

Healthy buying was particularly witnessed in stocks of fast moving consumer goods (FMCG) and healthcare.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 26,410.66 points, provisionally closed at 26,524.55 points (at 3.30 p.m.) — up 121.59 points or 0.46 per cent from the previous close at 26,402.96 points.

It touched a high of 26,583.33 points and a low of 26,378.46 points during the intra-day trade.

The BSE market breadth was tilted in favour of the bulls — with 1,584 advances and 1,013 declines.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) edged up to 8,127.85 points — up 33.15 points or 0.41 per cent.

On Monday, the key indices ended flat due to profit booking and an endeavour to recover from the Brexit. The barometer index inched up by 5.25 points or 0.02 per cent, while the Nifty was up 6.10 points, or 0.08 per cent.

–IANS

ppg/vt

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