Key Indian equity indices trade marginally up in afternoon session

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Mumbai, May 30 (IANS) Key Indian equity indices were trading marginally higher on Tuesday afternoon following mixed global cues.

The 30-scrip Sensitive Index (Sensex) was trading 60.56 points or 0.19 per cent higher in the afternoon session.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading 11.50 points or 0.12 per cent higher at 9,616.40 points.

The Sensex of the BSE, which opened at 31,111.73 points, was trading at 31,169.84 points (at 1.17 p.m.) — higher 60.56 points or 0.19 per cent from the previous day’s close at 31,109.28 points.

The Sensex touched a high of 31,220.38 points and a low of 31,064.04 points in the trade so far.

“Equity benchmark Indices started off the day on a slightly negative note tracking mixed global cues and firm opening of USD/INR futures. Indian equity market witnessed volatility in early trades,” said Dhruv Desai, Director and Chief Operating Officer of Tradebulls.

“We expect the Indian Equities to witness volatile sentiments in the second half of the session due to profit booking at higher levels and volatile USD/INR futures prices,” he added.

–IANS

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