Equity indices up amid mixed global cues, IOC gains by 3.7pc

Equity benchmark indices edged higher during early hours. BSE S&P Sensex was up by 187 points to 41,303 meanwhile Nifty 50 ticked up by 58 points at 12,165. Among stocks, Indian Oil Corporation advanced by 3.74% while L&T moved up by 2.5%. However, Zee Entertainment dropped by 4%, Cipla and Asian Paints witnessed marginal losses.