Equity indices gain on strong global cues Grasim up 3 pc

Equity benchmark indices traded over half a per cent up during early hours on Monday tracking positive global cues as tensions around China's regulatory crackdown eased and the US showed progress on its infrastructure plan. At 10:15 am, the BSE S&P Sensex was up by 277 points or 0.53 per cent at 52,864 while the Nifty 50 moved higher by 94 points or 0.6 per cent to 15,857.