Positive global cues lift Indian equities

Mumbai, March 28: Positive global cues and healthy buying in banking, automobile and consumer durables stocks lifted the Indian equity markets on Tuesday.

The key indices provisionally closed with gains of over half a per cent each. The NSE Nifty reclaimed the 9,100-mark.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 55.60 points or 0.61 per cent to 9,100.80 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 29,301.22 points, provisionally closed at 29,409.52 points (at 3.30 p.m.) -- up 172.37 points or 0.59 per cent from the previous close at 29,237.15 points.

The Sensex touched a high of 29,442.18 points and a low of 29,301.22 points during the intra-day trade.

The BSE market breadth was marginally tilted in favour of the bulls -- with 1,445 advances and 1,401 declines.

On Monday, the benchmark indices were pulled lower by negative global cues and heavy selling pressure in metal, automobile, and healthcare stocks.

The currency market was closed on Tuesday on account of Gudhi Padwa.