Sensex Rises Over 100 Points, Nifty Above 17,400; Bharti Airtel Hits Record High
NDTV
Bharti Airtel, Reliance Industries, Titan, HDFC, Tata Consultancy Services and Mahindra & Mahindra were among the top movers in the Sensex.
The Indian equity benchmarks edged higher on Wednesday led by gains in Bharti Airtel, Reliance Industries, Titan, HDFC, Tata Consultancy Services and Mahindra & Mahindra. The Sensex rose as much as 139 points and Nifty 50 index touched an intraday high of 17,421.50. Meanwhile, Asian shares fell on Wednesday as weak Chinese economic data reinforced worries about slowing growth globally as well as in the world's second-biggest economy amid fraught nerves over a still-dominant pandemic and tapering of central banks' stimulus.
MSCI's broadest index of Asia-Pacific shares outside Japan dropped 0.82 per cent, extending earlier losses after the release of the Chinese data, while Tokyo's Nikkei shed 0.89 per cent, moving off a more than 31-year closing-high the day before.
As of 9:26 am, the Sensex was up 103 points at 58,350 and Nifty 50 index advanced 33 points to 17,412.
