Global cues lift equity indices to new highs

Mumbai July 11 (IANS) Positive global cues and healthy buying in automobile IT and capital goods stocks pushed the Indian equity markets to fresh highs during the early-morning trade session on Tuesday.

Around 9.30 a.m. the wider Nifty of the National Stock Exchange (NSE) traded at 9 793.65 points -- higher by 22.60 points or 0.23 per cent.

The 30-scrip Sensitive Index (Sensex) of the BSE which opened at 31 789.50 points traded at 31 778.89 points -- up 63.25 points or 0.20 per cent from Monday s close at 31 715.64 points.

The Sensex has so far touched a high of -- 31 802.03 points -- a new record and a low of 31 744.27 points during the intra-day trade.

The BSE market breadth was bullish -- with 1 107 advances and 501 declines.

On Monday global cues along with short covering and expectations of healthy quarterly numbers aided the NSE Nifty to gain 105.25 points or 1.09 per cent to 9 771.05 points.

Similarly the Sensex made healthy gains of 355.01 points or 1.13 per cent.

--IANS
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