Key Indian equity market indices open higher

Mumbai March 23 (IANS) Taking a cue from global markets the key Indian equity market indices opened higher on Thursday.

The Sensitive Index (Sensex) of the BSE which had closed at 29 167.68 points on Wednesday opened higher at 29 201.01 points. Minutes into trading it was quoting at 29 221.57 points up by 53.89 points or 0.18 per cent.

At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 9 030.45 points was quoting at 9 056.30 points up by 25.85 points or 0.29 per cent.

The markets on Wednesday slipped for the third consecutive trade session as investors sentiments were dented on the back of negative global cues coupled with a weak rupee and heavy selling pressure in automobile consumer durables and banking stocks.

The Sensex was down by 317.77 points or 1.08 per cent at the Wednesday s closing.

In the day s trade the barometer 30-scrip sensitive index had touched a high of 29 341.41 points and a low of 29 137.48 points. The Nifty too was down by 91.05 points or one per cent.

On Thursday Asian indices were showing a positive trend. Japan s Nikkei 225 is trading in green up by 0.02 per cent Hang Seng up by 0.37 per cent while South Korea s Kospi was in green up by 0.21 per cent.

China s Shanghai Composite index was quoting in green up by 0.30 per cent.

On a positive note Nasdaq closed in green up by 0.48 per cent but FTSE 100 was down by 0.73 per cent at the closing on Wednesday.

--IANS
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