Sensex, Nifty Marginally Higher In Choppy Trade
(RTTNews) - Indian shares fluctuated in early trade on Monday after a closely watched survey showed U.S. inflation expectations were increasing, adding to worries around the Fed's policy tightening.
The benchmark S&P BSE Sensex was up 85 points, or 0.2 percent, at 58,004, reversing an early slide.
The broader NSE Nifty index was up 9 points at 17,194.
SBI climbed 1.2 percent after hiking interest rates on fixed deposits.
HDFC Bank dipped half a percent. The private sector lender reported a 22.3 percent in its consolidated net profit for the September quarter because of healthy growth in net interest income and a decline in loan loss provisions.
Bajaj Auto rose nearly 2 percent despite the two-wheeler manufacturer logging a 16 percent fall in its consolidated net profit for the September quarter.
Avenue Supermarts fell 1.8 percent despite reporting a 64 percent year-on-year rise in quarterly profit.
Adani Enterprises dropped around 1 percent on news it would acquire SIBIA Analytics and Consulting Services.
Shree Cement tumbled 4 percent on posting a 67 percent fall in Q2 profit.
Tata Elxsi plunged 7.5 percent despite the company reporting a 39 percent rise in quarterly profit.
Sensex, Nifty Likely To Open On Muted Note
Japanese Market Modestly Lower
Thai Shares May Take Further Damage On Tuesday
Little Movement Seen For Indonesia Stock Market
Soft Start Expected For Hong Kong Stock Market
Australian Market Significantly Lower
China Shares Tipped To Open In The Red
