Global Cues Lift Equity Indices

Mumbai: Positive Asian markets, along with value buying, pushed the key indices of the Indian equity market higher during the post-noon trade session on Wednesday. According to market analysts, healthy buying support was witnessed in consumer durables, capital goods and banking stocks.

At 1.00 p.m., the 30-scrip S&P BSE Sensex, which had previously closed at 33,812.26 points, traded at 33,878.32 points, up 66.06 points or 0.20 per cent. Similarly, the National Stock Exchange's (NSE) Nifty50 made gains. It quoted at 10,468.80 points, up by 26.60 points or 0.25 per cent.

On Tuesday, both the key indices closed on a flat note after volatility was induced due to caution ahead of upcoming quarterly earning results as well as profit booking. Consequently, the S&P BSE Sensex closed flat at 33,812.26 points, whereas NSE Nifty50 closed on a flat note at 10,442.20 points, up by a mere 6.65 points or 0.06 per cent. (IANS)