Market update: Key Indian equity indices open higher

Market update: Key Indian equity indices open higher

Market update: Key Indian equity indices open higher

Mumbai: Key Indian equity indices opened in the positive territory`on Monday with healthy buying in metals, consumer durables, auto and banking stocks.

Around 9.16 a.m., the barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 34,203.34 points, traded at 34,164.37 points — up 158.61 points or 0.47 per cent from its previous close.

The BSE market breadth was bullish as 1,028 stocks advanced as against 224 declines.

On the the National Stock Exchange, the wider Nifty50 edged higher by 71.35 points or 0.68 per cent to trade at 10,526.30 points.

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Last week on Friday, the key equities plunged into the negative territory amid a global sell-off.

The Sensex closed at 34,005.76 points — down 407.40 points or 1.18 per cent from its previous session’s close, while the Nifty50 fell by 121.90 points or 1.15 per cent to close at 10,454.95 points.

–IANS