Mumbai, Mar 27 (IANS): Positive global cues on the prospects of easing trade war fears, along with healthy buying across almost all sectors led by banking, metals and healthcare stocks, lifted the key Indian equity indices during the mid-afternoon trade session on Tuesday.

Around 1 p.m., the Nifty50 of the National Stock Exchange (NSE) rose by 48.80 points or 0.48 per cent to trade at 10,179.45 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,172.98 points, traded at 33,187.81 points -- up 121.40 points or 0.37 per cent from the previous session's close.

The Sensex has so far touched a high of 33,311.31 points and a low of 33,077.13 during the intra-day trade.

The BSE market breadth was bullish with 1,801 advances and 634 declines.

"Indian shares traded higher on local funds buying on increased risk appetite on report of trade negotiations between the US and China," said Dhruv Desai, Director and Chief Operating Officer of Tradebulls.

On Monday, the key indices closed on a higher note.

The Nifty50 reclaimed the 10,100 mark and edged higher by 132.60 points or 1.33 per cent to close at 10,130.65 points.

The Sensex reclaimed the 33,000 mark and closed at 33,066.41 points -- up 469.87 points or 1.44 per cent from its previous close.