Key Indian equity market indices open higher

Mumbai April 20 (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 29 336.57 points on Wednesday opened higher at 29 358.59 points.

Minutes into trading it was quoting at 29 369.55 points up by 32.98 points or 0.11 per cent.

At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 9 103.50 points was quoting at 9 108.10 points up by 4.60 points or 0.05 per cent.

Prolonged outflow of foreign funds and heavy selling pressure in banking stocks pushed the Indian equity markets to close on a flat-to-negative note on Wednesday.

Besides investors sentiments were cautious following weak global cues and concern over the ongoing fourth quarter results season.

The Sensex was up by 17.47 points or 0.06 per cent at the Wednesday s closing.

In the day s trade the barometer 30-scrip sensitive index had touched a high of 29 388.25 points and a low of 29 241.48 points. The Nifty was down by 1.65 points or 0.02 per cent.

On Thursday Asian indices were mostly showing a positive trend. Japan s Nikkei 225 was trading in green up by 0.23 per cent Hang Seng up by 0.34 per cent while South Korea s Kospi was up by 0.38 per cent.

China s Shanghai Composite index was quoting in red down by 0.16 per cent.

Overnight Nasdaq closed in green up by 0.23 per cent while FTSE 100 was in red down by 0.47 per cent at the closing on Wednesday.

--IANS
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