Key Indian equity market indices open higher

Mumbai May 25 (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 30 301.64 points on Wednesday opened higher at 30 374.81 points.

Minutes into trading it was quoting at 30 386.61 points up by 84.97 points or 0.28 per cent.

At the National Stock Exchange (NSE) the broader 51-scrip Nifty which had closed at 9 360.55 points was quoting at 9 382.60 points up by 22.05 points or 0.24 per cent.

Escalating cross-border tensions with Pakistan coupled with negative global cues dragged the Indian equity markets lower on Wednesday.

Besides caution ahead of derivatives expiry on Thursday and heavy selling pressure in capital goods healthcare and metal stocks hampered investors sentiments.

The Sensex was down by 63.61 points or 0.21 per cent at the Wednesday s closing. In the day s trade the barometer 30-scrip sensitive index had touched a high of 30 534.15 points and a low of 30 247.60 points.

The Nifty too was down by 25.60 points or 0.27 per cent.

On Thursday Asian indices were showing a positive trend. Japan s Nikkei 225 was trading in green up by 0.38 per cent Hang Seng up by 0.64 per cent while South Korea s Kospi was up by 0.77 per cent.

China s Shanghai Composite index was quoting in green up by 0.11 per cent.

Nasdaq closed in green up by 0.39 per cent while FTSE 100 was up by 0.39 per cent at the closing on Wednesday.

--IANS
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