Healthy Q4 results, auto sales numbers push equity indices higher (Lead)

Mumbai May 2 (IANS) Healthy quarterly earnings and robust automobile sales pushed the key Indian equity indices to trade higher during Wednesday s mid-afternoon session.

According to market observers healthy buying was witnessed in the banking automobile and FMCG stocks.

At 1.30 p.m. the broader Nifty50 of the National Stock Exchange (NSE) traded at 10 762.60 points -- up 23.25 points or 0.22 per cent -- from the previous close of 10 739.35 points.

The barometer 30-scrip Sensitive Index (Sensex) which opened at 35 328.91 points traded at 35 305.92 points -- up 145.56 points or 0.41 per cent -- from its previous session s close of 35 160.36 points.

The Sensex has touched a high of 35 357.15 points and a low of 35 113.53 during the intra-day trade.

The Indian equity markets were closed on Tuesday to observe Maharashtra Day.

On April 30 both the key indices rose on the back of firm global cues along with robust buying in the capital goods IT and FMCG stocks.

Consequently the NSE Nifty50 closed at 10 739.35 points -- up 47.05 points or 0.44 per cent -- from the previous close.

Similarly the Sensex made gains. It closed at 35 160.36 points -- up 190.66 points or 0.55 per cent -- from its previous session s close.

--IANS
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