Sensex, Nifty Tad Higher In Early Trade

(RTTNews) - Indian shares opened on a positive note Monday despite mixed cues from global markets.

The benchmark S&P BSE Sensex was up 227 points, or 0.3 percent, at 74,559 in early trade while the broader NSE Nifty index rose by 65 points, or 0.3 percent, to 22,618.

Shriram Finance, Bajaj FinServ, BEL, Bajaj Finance and Power Grid Corp jumped 1-3 percent in the Nifty pack, while Larsen & Toubro, Tent, Mahindra & Mahindra and Bajaj Auto all were down around 1 percent.

IndusInd Bank lost 3 percent as the RBI extended the term of its CEO by just one year.

IREDA fell about 1 percent after the RBI rejected its request to invest in equity shares for the development and implementation of 900 MW Upper Karnali Hydro Electric Power Project in Nepal.

Gensol Engineering tumbled 3.6 percent ahead of a board meet this week to consider fund raising plans through QIP and other modes.

Tata Power rallied 2.2 percent after signing a pact for up to 7,000 MW of renewable energy projects.

RTTNews
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.
More articles by this source

Tags

Latest Articles

Data is currently not available