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Sensex, Nifty Edge Higher In Cautious Trade
(RTTNews) - Indian shares opened on a positive note Wednesday after U.S. President Donald Trump announced trade deals with Japan & Philippines, sparking hopes for broader progress on international trade.
The benchmark S&P/BSE Sensex was up 175 points, or 0.2 percent, at 82,366 in early trade, while the broader NSE Nifty index edged up by 54 points, or 0.20 percent, to 25,115.
Infosys rose half a percent while Dr Reddy's Laboratories and Tata Consumer Products were moving lower ahead of their earnings results due today.
United Breweries rallied 2 percent on reporting a 6 percent rise in Q1 consolidated net profit.
JSW Infrastructure rose 1.3 percent as Q1 profit jumped 31 percent year-on-year. Indian Railway Finance Corporation (IRFC) jumped 4 percent on reporting a 11 percent rise in quarterly profit.
One 97 Communications (Paytm) was down 0. 6 percent post its Q1 results.
Lodha Developers slumped 6 percent after a block deal.
Ideaforge Technology plunged 5.5 percent as it reported a consolidated net loss of Rs 23.56 crore in Q1 FY26.
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