Global cues, Q1 results lift equity indices

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Mumbai, July 21 (IANS) Positive global cues and healthy quarterly results from index heavyweights such as Reliance Industries (RIL) and Wipro buoyed the Indian equity markets on Friday.

According to market observers, ample liquidity from foreign funds and increased buying by retail investors following RIL’s robust numbers provided a perfect platform.

At 3.30 p.m., the wider Nifty of the National Stock Exchange (NSE) rose by 41.95 points, or 0.42 per cent, to provisionally close at 9,915.25 points.

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 32,035.88 points, provisionally closed at 32,028.89 points — up 124.49 points, or 0.39 per cent, from the previous close at 31,904.40 points.

The Sensex touched a high of 32,062.23 points and a low of 31,808.93 points during intra-day trade.

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