Mumbai, Aug 30 (IANS): Key Indian equity market indices opened in the green on Tuesday following global cues despite the Reserve Bank of India quashing hopes of any rate cut in the near future as inflation bordered around the upper limit of 6 per cent.
The 30-scrip Sensitive Index (Sensex) was trading 159.15 points or 0.57 per cent higher during the early session.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) was also trading 39.30 points or 0.46 per cent lower at 8,646.75 points.
The BSE Sensex, which opened at 28012.46 points, was trading at 28061.81 points (at 9.17 a.m.) in the early session, higher 159.15 points or 0.57 per cent from the previous day's close at 27902.66 points.
The Sensex touched a high of 28071.21 points and a low of 28010.66 points in the trade so far.