Nifty opens above 11,450, Sensex up 100 pts; Wipro, BPCL, Bajaj Consumer in focus
Market Opens: It is positive start for the Indian indices with Nifty above 11,450.
The Sensex is up 108.39 points at 38614.48, while Nifty is up 34.70 points at 11463. About 393 shares have advanced, 174 shares declined, and 35 shares are unchanged.
IOC, Grasim industries, Zee Entertainment, BPCL, Tata Motors, Dr Reddy’s Laboratories, UltraTech Cement, Tata Steel , Bharti Airtel are among major gainers on the indices, while losers are Infosys, ITC and IndusInd Bank.
All the sectoral indices are trading higher led by the infra, auto, bank, metal, pharma and IT.
Rupee Opens: The Indian rupee opened lower by 5 paise at 71.59 per dollar on Wednesday versus previous close 71.54.
Stocks in the news: Mindtree, Wipro, ARSS Infra, Star Cement, ONGC, NBCC