MUMBAI: Indian equity markets provisionally inched up on Friday, as positive global cues and healthy buying in capital goods, automobile and IT stocks buoyed investors' sentiments.
However, caution prevailed ahead of the release of the macro-economic industrial production data -- Index of Industrial Production (IIP) -- slated for later in the day.
The wider 51-scrip Nifty of the National Stock Exchange (NSE) was up 7.55 points or 0.08 per cent to 8,934.55 points.
The barometer 30-scrip sensitive index (Sensex) of the BSE, which opened at 29,006 points, provisionally closed at 28,946.23 points (at 3.30 p.m.) -- up 17.10 points or 0.06 per cent from the previous close at 28,929.13 points.
The Sensex touched a high of 29,076.63 points and a low of 28,851.04 points during the intra-day trade.
In contrast, the BSE market breadth was tilted in favour of bears -- with 1,639 declines and 1,165 advances.
On Thursday, the benchmark indices closed on a flat-to-positive note on the back of fresh inflows of foreign funds.
The NSE Nifty inched up 2.70 points or 0.03 per cent to close at 8,927 points, and the BSE Sensex was up 27.19 points or 0.09 per cent at 28,929.13 points.