Indian shares were slightly higher in early trade on Thursday amid mixed global cues and ahead of the expiry of weekly F&O contracts.

The benchmark 30-share BSE Sensex rose 118 points, or 0.2 percent, to 57,456 while the broader NSE Nifty index was up 36 points, or 0.2 percent, at 17,112.

Among the prominent gainers, UltraTech Cement, Titan Company, Cipla, Dr Reddy’s Laboratories and HDFC Life climbed 2-3 percent.

SBI edged down slightly after it raised Rs. 4,000 crore via a bonds issue.

Hero MotoCorp fell over 1 percent as it reported 22 percent dip in total sales in August.

Vedanta advanced 1.6 percent after its board approved first interim dividend of Rs 18.50 per equity share for the financial year 2021-22.

Minda Corporation rallied 3 percent. Spark Minda Green Mobility Systems, a wholly-owned subsidiary of the company has agreed to acquire 26 percent equity stake in EVQPOINT Solutions.

Aditya Birla Fashion and Retail gained 1 percent on fund raising reports.

Coal India rose over 1 percent on reporting a 15 percent in production in August.

Kitex Garments soared 10 percent. The Telengana government approved its proposal to invest Rs 1,000 crore in the state.




Sensex, Nifty Modestly Higher In Early Trade

2021-09-02 04:18:26

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