BSE Sensex gains 58 points amid rise in global crude oil prices

Mumbai: Positive global cues, healthy inflow of foreign funds and a rise in global crude oil prices buoyed the Indian equity markets during the mid-afternoon trade session on Thursday.

However, the gains were capped due to profit booking at higher levels and caution ahead of a key global financial event.

The wider 51-scrip Nifty of the National Stock Exchange (NSE) edged up 14 points or 0.16 per cent to 8,931.95 points.

The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 28,929.46 points, traded at 28,984.12 points (at 2.15 p.m.) -- up 57.76 points or 0.20 per cent from the previous close at 28,926.36 points.

The Sensex has so far touched a high of 29,018.75 points and a low of 28,854.56 points during the intra-day trade.

The BSE market breadth was tilted in favour of the bulls -- with 1,545 advances and 1,072 declines.