Sensex, Nifty Open Higher Led By Financials
(RTTNews) - Indian shares opened on a positive note Tuesday after two straight sessions of losses.
The benchmark S&P/BSE Sensex was up 356 points, or half a percent, at 75,722 in early trade while the broader NSE Nifty index was up 53 points, or 0.2 percent, at 22,882.
Bajaj Finance, Infosys, Axis Bank, ICICI Bank and HDFC Bank were up 1-2 percent. On the flip side, Sun Pharma plunged nearly 5 percent while NTPC and Hindalco were down around 3 percent each.
Union Bank of India rallied 3.5 percent after Q3 consolidated net profit jumped 28 percent from last year.
Emami climbed 2 percent on reporting a 7 percent increase in quarterly profit.
Oriental Rail Infrastructure jumped 2.6 percent on winning an order worth Rs 575 crore for the manufacturing and supply of 33 rakes of Flat Multi-Purpose Wagons (FMP).
Coal India dropped 1.2 percent on reporting a 17 percent fall in Q3 net profit. Tata Steel gained 1 percent as quarterly profit beat Street estimates.
Federal Bank plunged 6 percent after reporting a marginal fall in quarterly net profit.
Indraprastha Gas tumbled 3.4 percent on disappointing results.