Positive global cues lift Indian equities, FMCG stocks gain

Positive global cues and healthy buying in FMCG, consumer durables and capital goods stocks lifted the Indian equity markets on Monday.

The S&P FMCG index witnessed a surge of 297.25 points or 3.09 per cent during intra-day trade.

The key indices, which started off the day's trade on a strong note, pared some gains to provisionally close in the green, as investors booked profits.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) rose by 11.40 points or 0.12 per cent to 9,439.30 points.

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 30,638.88 points, provisionally closed at 30,570.97 points (at 3.30 p.m.) -- up 106.05 points or 0.35 per cent from its previous close at 30,464.92 points.

The Sensex touched a high of 30,712.15 points and a low of 30,516.87 points.

However, the BSE market breadth was bearish -- with 1,837 declines and 887 advances.

On Friday, the NSE Nifty closed at 9,427.90 points, while the BSE Sensex closed at 30,464.92 points.

--IANS

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