Broadly positive global cues buoyed the Indian equity markets during the early morning trade session on Tuesday.

However, gains were capped due to heavy selling pressure which was witnessed in banking, oil and gas, and automobile stocks.

At 9.40 a.m., the wider Nifty of the National Stock Exchange (NSE) inched up by 3.45 points, or 0.04 per cent, to 9,578.40 points.

The 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 31,194.68 points, traded at 31,180.96 points — up 42.75 points, or 0.14 per cent, from Monday’s close at 31,138.21 points.

The Sensex has so far touched a high of 31,294.96 and a low of 31,177.05 points during intra-day trade.