Positive global cues buoy equity markets

Mumbai June 27 (IANS) Broadly positive global cues buoyed the Indian equity markets during the early morning trade session on Tuesday.

However gains were capped due to heavy selling pressure which was witnessed in banking oil and gas and automobile stocks.

At 9.40 a.m. the wider Nifty of the National Stock Exchange (NSE) inched up by 3.45 points or 0.04 per cent to 9 578.40 points.

The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 31 194.68 points traded at 31 180.96 points -- up 42.75 points or 0.14 per cent from Monday s close at 31 138.21 points.

The Sensex has so far touched a high of 31 294.96 and a low of 31 177.05 points during intra-day trade.

--IANS
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