Indian equities trade higher on global cues

Mumbai: Tracking Singapore’s SGX Nifty, Indian equities opened on a positive note on Friday, taking note of a host of factors, such as a slowing down in the fall of Chinese yuan, and the twin cheer back home on low inflation and accelerating industrial growth. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which had closed on Wednesday at 27,549.53 points, opened at 27,668.06 and saw a high and a low of 27,711.56 points and 27,643.20 points, intra-day. About an hour into trading, the key index was quoting at 27,705.84 points with a gain of 156.31 points, or 0.57 percent. Out of the 30 stocks that go into the Sensex basket, 19 were in the green, one was unchanged and the remaining in the red.