Nifty holds above 9,050 on positive Asian cues; broader markets outperform

In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices rose 0.3% each

The market on Thursday continued to trade higher as Asian markets rose tracking a mild bounce on Wall Street ahead of US Congress' vote on US President Donald Trump's GOP healthcare bill due later in the day. 

The benchmark indices had logged their worst fall of 2017 in the previous session. 

At 01:09 pm, the S&P BSE Sensex was trading at 29,259, up 92 points, while the broader Nifty50 was ruling at 9,062, up 32 points. 

In the broader market, the S&P BSE Midcap and the S&P BSE Smallcap indices rose nearly 1% each, ouperforming the frontline indices.

"With yesterday’s slippage, markets are more