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Key Indian equity market indices open higher

Taking a cue from global markets, the key Indian equity market indices on Thursday opened higher. The Sensitive Index (Sensex) of the BSE, which had closed at 29,336.57 points on Wednesday, opened higher at 29,358.59 points. Minutes into trading, it was quoting at 29,369.55 points, up by 32.98 points, or 0.11 percent.

At the National Stock Exchange (NSE), the broader 51-scrip Nifty, which had closed at 9,103.50 points, was quoting at 9,108.10 points, up by 4.60 points or 0.05 per cent. Prolonged outflow of foreign funds and heavy selling pressure in banking stocks pushed the Indian equity markets to close on a flat-to-negative note on Wednesday. Besides, investors' sentiments were cautious following weak global cues and concern over the ongoing fourth quarter results season.

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