Indian markets follow global cues to open higher; BSE up 110 points

Key highlights:

• Minutes into trading, it was quoting at 31,992.38 points, up by 110.22 points, or 0.35%
• NSE which had closed at 10,006.05 points, was quoting at 10,044.05 points, up by 38 points or 0.38%
• Positive global cues on the back of easing geo-political tensions led the way for the Indian markets

Taking a cue from global markets, the key Indian equity market indices on Tuesday opened higher.

The Sensitive Index (Sensex) of the BSE, which had closed at 31,882.16 points on Monday, opened higher at 32,029.15 points.

Minutes into trading, it was quoting at 31,992.38 points, up by 110.22 points, or 0.35%.

At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 10,006.05 points, was quoting at 10,044.05 points, up by 38 points or 0.38 %.

Key Indian equity indices on Monday surged -- with the NSE Nifty50 reclaiming the psychologically important 10,000-mark.

Positive global cues on the back of easing geo-political tensions, coupled with healthy buying in capital goods, banking and oil and gas stocks, lifted investors` sentiments.

The Sensex was up by 194.64 points or 0.61 % at the Monday`s closing. In the day`s trade, the barometer 30-scrip sensitive index had touched a high of 31,952.87 points and a low of 31,797.89 points.

The Nifty too was up by 71.25 points or 0.72 %.

On Tuesday, Asian indices were mostly showing a mixed trend. Japan`s Nikkei 225 was trading in green, up by 1.05 %. Hang Seng was down marginally by 0.02 % while South Korea`s Kospi was also up by 0.16 %.

China`s Shanghai Composite index was quoting in red, down by 0.02 %.

Nasdaq closed in green, up by 1.12 % while FTSE 100 was also up 0.49 % at the closing on Monday.

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