Positive global cues, rupee buoy Indian equities (Second Lead)

Mumbai May 8 (IANS) Positive global cues a strong rupee and short covering buoyed the Indian equity markets to close on a flat-to-positive note on Monday.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 28.75 points or 0.31 per cent to provisionally close at 9 314.05 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE which opened at 29 915.12 points provisionally closed at 29 926.15 points (at 3.30 p.m.) -- up 67.35 points or 0.23 per cent from the previous day s close at 29 858.80 points.

The Sensex touched a high of 30 016.04 points -- crossing the important 30 000-mark -- and a low of 29 877.41 points during the day s trade.

The BSE market breadth was bullish with 1 619 advances and 1 143 declines.

On Friday the benchmark indices closed in the red due to profit booking.

The NSE Nifty declined by 74.60 points or 0.80 per cent to 9 285.30 points while the BSE Sensex closed at 29 858.80 points down 267.41 points or 0.89 per cent.

--IANS
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