Indian shares opened a tad higher Tuesday on the back of positive cues from other Asian markets after Chinese export data topped forecasts.
The benchmark 30-share BSE Sensex edged up 222 points, or 0.4 percent, to 52,594 in early trade, while the broader NSE Nifty index was up 62 points, or 0.4 percent, at 15,754.
ICICI Prudential Life Insurance and HDFC Life Insurance Company were moving higher after the Union Cabinet cleared disinvestment of the country’s largest insurer LIC.
Tata Motors gained 1 percent after introducing the dark edition of Altroz, Nexon, Nexon EV and Harrier.
Mindtree fell 1 percent ahead of its earnings release.
Future Retail edged up slightly as a Singapore arbitration tribunal began hearing its plea to lift the stay on the deal to sell its retail assets to Reliance Retail. Shares of Reliance Industries rose 0.6 percent.
Vodafone Idea dropped 1.7 percent after the release of TRAI’s subscriber data for April.
Dr Reddy’s Laboratories was little changed after a clarification that it hasn’t put on hold the ongoing soft commercial rollout of Russia’s Sputnik V coronavirus vaccine.
NMDC was trading on a flat note after reducing the prices of lump ore and fines.
Sensex, Nifty Follow Asian Peers Higher
2021-07-13 04:17:22
