Indian shares were moving higher on Tuesday, even as underlying sentiment remained cautious amid mixed global cues and caution ahead of the crucial Q1-FY22 corporate earnings season.
The benchmark 30-share BSE Sensex edged up 55 points, or 0.1 percent, to 52,935 in early trade, while the broader NSE Nifty index was up 27 points, or 0.2 percent, at 15,861.
TCS edged down slightly ahead of its June quarter results due on Thursday.
InterGlobe Aviation jumped 3 percent and SpiceJet rallied 2.1 percent as the government allowed airlines to operate 15 percent more domestic flights.
Vodafone Idea rose about half a percent on news it is looking to monetize assets to raise $1 billion.
Tata Motors climbed 2 percent on the price hike buzz.
NMDC was little changed on stake sale reports.
Maruti Suzuki India gained half a percent. The company said it produced 1,65,576 units in June 2021, against 50,742 units in June last year.
Religare Enterprises fell about 1 percent after it received shareholder approval for its Rs. 570-crore preferential issue of fresh equity shares.
Alembic was down 0.7 percent. The company said its bulk drugs business continues to remain under pressure despite persistent efforts to improve efficiency and reduce overheads.
Sensex, Nifty Edge Higher In Early Trade
2021-07-06 04:23:16
