Positive global cues, strong rupee lift equities


Mumbai, Feb 6 (IANS): Positive global cues, coupled with a strong rupee and higher crude oil prices, lifted the Indian equities markets on Monday.

The key indices provisionally closed with gains of more than half-a-per cent each, even as some gains were capped due to profit booking.

Healthy buying was witnessed in banking, consumer durables and healthcare stocks.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) inched up 60.10 points or 0.69 per cent to 8,801.05 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,340.39 points, provisionally closed at 28,439.28 points (at 3.30 p.m.) -- up 198.76 points or 0.70 per cent, from the previous close at 28,240.52 points.

The Sensex touched a high of 28,487.28 points and a low of 28,340.39 points during intra-day trade.

The BSE market breadth was tilted in favour of the bulls -- with 1,841 advances and 1,015 declines.

On Friday, the benchmark indices closed on a flat note as profit booking at higher levels subdued investors' sentiments.

The NSE Nifty inched up 6.70 points or 0.08 per cent to close at 8,740.95 points, while the BSE Sensex was up 13.91 points or 0.05 per cent at 28,240.52 points.

  

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Title: Positive global cues, strong rupee lift equities



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