Indian shares opened a tad higher on Thursday amid mixed global cues and ahead of key macroeconomic data due out later in the day.
The benchmark 30-share BSE Sensex edged up 115 points, or 0.2 percent, to 54,641 in early trade, while the broader NSE Nifty index was up 35 points, or 0.2 percent, at 16,317.
ITC rose over 1 percent on news it is open to demerge its hotels business.
BPCL gained 0.6 percent. The central government said it is confident of privatizing the oil marketing behemoth in the fiscal year 2021-22.
Heidelbergcement India climbed 1.2 percent. The company has entered into power purchase agreement, share subscription agreement and shareholders agreement with Lalganj Power.
Force Motors jumped 3.3 percent after narrowing its June quarter consolidated net loss.
Bata India advanced 1.3 percent after its Q1 loss narrowed from last year.
Bajaj Finserv edged down slightly after it decided to incorporate a wholly-owned subsidiary for alternate investments.
Ashok Leyland, Hero MotoCorp and Tata Steel all rose about half a percent ahead of their earnings results.
Zomato fell nearly 2 percent on profit taking after climbing more than 9 percent in the previous session.
Lupin slumped 5 percent to extend losses for the fourth straight session.
Market Analysis
Sensex Rises 115 Points In Early Trade; Nifty Tops 16,300
2021-08-12 04:33:59
