Global cues, rupee lift Indian equities

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Mumbai, April 25 (IANS) Higher global indices along with a strengthened rupee lifted the Indian equity markets during the mid-afternoon trade session on Tuesday.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) traded higher by 52.90 points or 0.57 per cent to touch 9,270.85 points.

The benchmark index made a new record high at 9,289.95 points during the intra-day trade.

The barometer 30-scrip Sensitive Index (Sensex) of the Bombay Stock Exchange traded higher by 180.44 points or 0.61 per cent.

It opened at 29,825.14 points, traded at 29,836.28 points (at 1.30 p.m.) — up from its previous close at 29,655.84 points.

The Sensex has so far touched a high of 29,891.92 points and a low of 29,780.84 points during the intra-day trade.

“Equity benchmarks extended gains, with the Nifty reclaiming 9,250 points level supported by firm global cues,” said Dhruv Desai, Director and Chief Operating Officer of Tradebulls.

“Reliance Industries witnessed firm opening and surged by more than more than 2 per cent after better than expected earnings in Q4.”

–IANS

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