Equity indices trade high on positive global cues
Mumbai, July 11 (IANS) Strong global cues and value buying lifted the key Indian equity markets higher on Monday.
The equity markets traded high during the mid-afternoon session, as buying lifted the health care, IT, auto and banking stocks.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) was up by 133.85 points or 1.61 per cent, at 8,457.05 points.
The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 27,358.23 points, traded at 27,583.04 points (at 1.58 p.m.) — up 456.14 points or 1.68 per cent from the previous close at 27,126.90 points.
The Sensex has so far touched a high of 27,622.73 points and a low of 27,358.23 points.
On Friday, the benchmark indices closed in the red on heavy selling pressure induced by profit booking.