Sensex, Nifty slightly higher in early trades
(RTTNews) – Indian stocks were a little higher early in Wednesday’s session despite weakness in other Asian markets.
The benchmark BSE Sensex index edged up 80 points, or 0.1%, to 61,431, while the broader NSE Nifty index rose 21 points, or 0.1%, to 18,289.
Asian Paints jumped 5.5% on the rise in prices.
Axis Bank fell 3.7% despite the private sector lender posting its highest quarterly profit on record and showing improvement on the asset quality front.
Maruti Suzuki was up half a percent on reports that production is expected to be near normal levels in November.
Union Bank of India rose slightly after cutting mortgage rates.
Bajaj Finance lost 3% despite news of a 53% jump in second quarter profits.
Dr Lal Path Labs fell nearly 2% after acquiring Suburban Diagnostics in an all-cash deal for an enterprise value of Rs 925 crore.
IRB Infrastructure Developers plunged 7% on fundraising reports.
Cadila Heathcare rose about 1% on news that Zydus Cadila’s Covid-19 vaccine, ZyCoV-D, will be rolled out in the public immunization program within weeks.
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