Equities open in green, IT, bank stocks gain

Mumbai Aug 28 (IANS) Key Indian equity indices -- the NSE Nifty50 and the BSE Sensex -- opened on a higher note during the early morning trade session on Monday with healthy buying witnessed in IT and banking stocks.

Around 9.19 a.m. the wider 51-scrip Nifty of the National Stock Exchange (NSE) traded at 9 905.35 points -- up 48.30 points or 0.49 per cent.

The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 31 756.87 points traded at 31 747.10 points -- up 151.04 points or 0.48 per cent from Thursday s close at 31 596.06 points.

The Sensex has so far touched a high of 31 775.06 points and a low of 31 734.64 points during the intra-day trade.

The BSE market breadth was bullish with 843 advances and 293 declines.

On Thursday the benchmark indices closed on a flat-to-positive note as short covering in healthcare stocks coupled with positive European markets and a strong rupee kept investors sentiments afloat.

The Nifty closed fractionally higher by 4.55 points or 0.05 per cent at 9 857.05 points while the Sensex closed at 31 596.06 points -- up 28.05 points or 0.09 per cent.

The Indian equity markets were closed on Friday on account of Ganesh Chaturthi.

--IANS
ppg/in