Global cues, banks stocks push equity indices higher

Mumbai: Key Indian equity indices on Tuesday provisionally closed with gains as positive global cues on the prospects of easing trade war fears, along with healthy buying across almost all sectors led by banking and metals stocks, gave a boost to investors’ risk-taking appetite.

The Nifty50 of the National Stock Exchange (NSE) provisionally closed at 10,184.15 points.

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,172.98 points, closed at 33,174.39 points — up 107.98 points or 0.33 per cent from the previous session’s close.

The Sensex touched a high of 33,371.04 points and a low of 33,077.13 during the intra-day trade.

The BSE market breadth was bullish with 1,836 advances and 817 declines.

On Monday, the Nifty50 had reclaimed the 10,100 mark to close at 10,130.65 points, while the Sensex had reclaimed the 33,000 mark and closed at 33,066.41 points — up 469.87 points or 1.44 per cent from its previous close.