Strong buying in banks, auto stocks lifts equity markets (Second Lead)

Mumbai July 6 (IANS) Despite broadly negative global indices strong buying activity in banking automobile and FMCG stocks lifted the Indian equity markets on Thursday.

The wider Nifty of the National Stock Exchange (NSE) provisionally closed at 9 674.55 points -- up 36.95 points or 0.38 per cent (at 3.30 p.m.). It touched an intra-day high of 9 700.70 points.

The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 31 298.42 points closed at 31 369.34 points -- up 123.78 points or 0.40 per cent from its previous close at 31 245.56 points.

The Sensex touched a high of 31 460.70 points and a low of 31 264.86 points during the intra-day trade.

The BSE market breadth was bullish -- with 1 534 advances and 1 178 declines.

--IANS
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