Indian shares were subdued in opening deals on Thursday as doubts remain over Russian claims of troop pullback.
The benchmark 30-share BSE Sensex dropped 100 points, or 0.2 percent, to 57,896 in early trade, while the broader NSE Nifty index was down 15 points at 17,307.
Southern Petrochemicals soared 9 percent on robust Q3 results.
Tata Motors added 1.7 percent after its U.K. arm Jaguar Land Rover announced a partnership with Nvidia for all new vehicle platforms slated for production beginning in 2025.
SBI dropped half a percent after hiking interest rates on long-term fixed deposits.
Infosys was little changed. The IT major said it plans to hire over 55,000 freshers in FY23.
Wipro gained half a percent after signing a five-year contract to drive transformation for ABB’s information systems digital workplace services.
Avenue Supermarts advanced 1.3 percent after credit rating agency CRISIL reaffirmed AA+ rating for the company’s bank loan facilities of Rs 500 crore.
Jubilant Ingrevia rose about 2 percent on news it has developed a range of Diketene Derivatives.
Market Analysis
Sensex, Nifty Slightly Lower In Early Trade
2022-02-17 04:35:09
