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Home›Normal Value›Sensex, Nifty slightly higher in early trades

Sensex, Nifty slightly higher in early trades

By Thomas Heikkinen
October 27, 2021
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(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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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