Key Indian equity market indices open higher

Mumbai Oct 12 (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 31 833.99 points on Wednesday opened higher at 31 887.47 points.

Minutes into trading it was quoting at 31 919.78 points up by 85.79 points or 0.27 per cent.

At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 9 984.80 points was quoting at 10 011.20 points up by 26.40 points or 0.26 per cent.

Breaking a three-day gaining streak key Indian equity indices closed on a lower note on Wednesday as investors booked profits ahead of the release of important macro-data as well as quarterly earnings results of corporates according to market observers.

Besides heavy selling pressure in metal banking and automobile stocks along with outflow of foreign funds kept investors sentiments subdued.

The Sensex was down by 90.42 points or 0.28 per cent at the Wednesday s closing. In the day s trade the barometer 30-scrip sensitive index had touched a high of 32 098.46 points and a low of 31 769.40 points.

The Nifty too was down by 32.15 points or 0.32 per cent.

On Thursday Asian indices were mostly showing a positive trend. Japan s Nikkei 225 was trading in green up by 0.50 per cent Hang Seng up by 0.20 per cent while South Korea s Kospi was also up by 0.35 per cent. China s Shanghai Composite index was quoting in red down by 0.18 per cent.

Nasdaq closed in green up by 0.25 per cent while FTSE 100 was down by 0.06 per cent at the closing on Wednesday.

--IANS
bdc/in