Key Indian equity indices open higher

Mumbai Sep 7 (IANS) Taking a cue from global markets the key Indian equity market indices on Thursday opened higher.

The Sensitive Index (Sensex) of the BSE which had closed at 31 661.97 points on Wednesday opened higher at 31 738.74 points.

Minutes into trading it was quoting at 31 758.54 points up by 96.57 points or 0.31 per cent.

At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 9 916.20 points was quoting at 9 946.10 points up by 29.90 points or 0.30 per cent.

According to market observers negative global cues coupled with heavy selling pressure in index heavyweights like Sun Pharma and ITC and substantial outflow of foreign funds pulled key Indian equity indices lower on Wednesday.

Sector-wise the S&P BSE healthcare FMCG and capital goods indices among others slipped into the negative zone.

The Sensex was down by 147.58 points or 0.46 per cent at the Wednesday s closing.

On Thursday Asian indices were mostly showing a positive trend.

Japan s Nikkei 225 was trading in green up by 0.34 per cent. Hang Seng was up by 0.32 per cent while South Korea s Kospi was also up by 1.07 per cent. China s Shanghai Composite index was quoting in red down by 0.14 per cent.

Nasdaq closed in green up by 0.28 per cent while FTSE 100 was down 0.26 per cent at the closing on Wednesday.

--IANS
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