News Karnataka
Sunday, May 05 2024
Business

Equities open in green on positive global cues

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Mumbai: Key Indian equity indices the BSE Sensex and NSE Nifty50 surged during the early-morning trade session on Monday on the back of positive Asian peers and healthy buying in automobile, capital goods and banking stocks.

Around 9.20 a.m., the wider 51-scrip Nifty50 of the National Stock Exchange (NSE) rose by 70.15 points, or 0.70 per cent, to trade at 10,155.55 points.

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 32,361.37 points, traded at 32,449.33 points up 176.72 points, or 0.55 per cent, from its Friday’s close at 32,272.61 points.

The Sensex has so far touched a high of 32,465.01 points and a low of 32,361.25 points during intra-day trade.

The BSE market breadth was bullish with 1,087 advances and 210 declines.

Last Friday, the benchmark indices closed on a flat note as weak global cues on the back of recurring geo-political tensions, coupled with profit booking, subdued investors’ sentiments.

The Sensex closed with marginal gains at 32,272.61 points up 30.68 points, or 0.10 per cent, while the Nifty50 inched down 1.20 points, or 0.01 per cent, to close at 10,085.40 points.

 

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