Sensex, Nifty Edge Higher Led By Gains In Pharma, Auto Shares
NDTV
Gains in M&M, ICICI Bank, L&T, TCS, Tata Steel and Bajaj Finance were offset with losses in HDFC, HDFC Bank, Infosys and Kotak Mahindra Bank,
The Indian equity benchmarks edged higher on Tuesday led by gains in Mahindra & Mahindra, ICICI Bank, Larsen & Toubro, Tata Consultancy Services, Tata Steel and Bajaj Finance. However, the upside was capped as HDFC, HDFC Bank, Infosys, Kotak Mahindra Bank, Axis Bank and ITC came under selling pressure. Asian shares followed Wall Street higher in early trade on Tuesday as the passage of a U.S. infrastructure bill boosted sentiment while oil prices gained on the outlook for energy demand in an expansive global economy.
Early in the Asian trading day, MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 per cent.
Japan's Nikkei stock index rose 0.06 per cent while Australian shares were down 0.12 per cent.
As of 9:39 am, the Sensex was advanced 91 points to 60,636 and Nifty 50 index was up 38 points at 18,106.
