Markets trade firm after initial lacklustre trend

New Delhi:

Benchmark indices faced a lacklustre trend in early trade on Monday, but later traded higher amid foreign fund inflows and a decline in crude oil prices.

The 30-share BSE Sensex traded flat in early trade, marginally up by 15.81 points to 62,309.45. The broader NSE Nifty quoted 5 points higher at 18,517.75.

Later, both the benchmark indices picked up momentum. The Sensex was trading 103.38 points higher at 62,404.71 at 09:49 hours and the Nifty quoted 24.85 points up at 18,537.60.