Equity indices trade higher amid positive global cues

Equity benchmark indices traded over half a per cent higher during early hours on Monday amid favourable global cues. At 10:15 am, the BSE S&P Sensex was up by 296 points or 0.56 per cent at 52,781 and the Nifty 50 ticked higher by 82 points or 0.52 per cent to 15,804. All sectoral indices at the National Stock Exchange were in the positive terrain with Nifty realty gaining by 1.6 per cent, private bank by 0.9 per cent and FMCG by 0.6 per cent. Among stocks, Eicher Motors gained by 1.7 per cent to Rs 2,706 per share. The other which added gains were Larsen & Toubro, Bajaj Auto, Hindalco, HDFC Bank and Grasim. However, those which lost marginally were HDFC Life, Tech Mahindra, Titan, Dr Reddy's, Cipla and Wipro.