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Sensex, Nifty Little Changed In Early Trade
(RTTNews) - Indian shares were little changed on Wednesday, tracking weak cues from other Asian markets and declines in U.S. stock futures.
The benchmark S&P/BSE Sensex was up 20 points at 76,754 while the broader NSE Nifty index was up 7 points at 23,335.
Wipro was down 0.6 percent ahead of its earnings release.
Gensol Engineering slumped 5 percent as capital market regulator barred the company and its promoters from trading, citing fund diversion.
IndusInd Bank gained 1 percent after saying an external agency has estimated a negative impact of Rs. 1,979 crores from discrepancies in its derivative transactions.
Aster DM Healthcare rallied 2 percent after the Competition Commission of India granted approval for the proposed merger of Quality Care India with the company.
Tata Consultancy Services added about 1 percent. The Andhra Pradesh government has granted 21.16 acres of land in Visakhapatnam to the company at a symbolic price of just 99 paisa.
The company intends to invest Rs. 1,370 crores in its Vizag facility and generate around 12,000 employment opportunities.
Asian Markets Trade Mixed
Sensex, Nifty Seen Lower As Investors Monitor Trade, Geopolitical Developments
Rally May Stall For Thai Stock Market
Japanese Market Notably Lower
Indonesia Bourse May Extend Wednesday's Losses
Australian Market Slightly Higher
Hong Kong Bourse May Hand Back Wednesday's Gains
