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Sensex, Nifty Open Higher As Russia Concerns Ease
(RTTNews) - Indian shares opened a tad higher on Tuesday as concerns over Russia subsided following an aborted uprising.
The benchmark S&P BSE Sensex was up 134 points, or 0.2 percent, at 63,104 in early trade, while the broader NSE Nifty index was up 42 points, or 0.2 percent, at 18,733.
Mahindra & Mahindra, Apollo Hospitals Enterprises, Bajaj Auto and HDFC Life jumped 1-3 percent while Sun Pharma, Titan Company, IndusInd Bank and Cipla all fell around 1 percent.
Bharti Airtel rose 0.6 percent after announcing a leadership reshuffle at its enterprise arm.
Tech Mahindra was little changed after its step-down subsidiary LCC France SARL approved a proposal to divest its 49 percent stake in SARL Djazatech along with its wholly owned subsidiary EURL LCCUK Algerie.
City Union Bank gained 1 percent on fund raising reports.
ICICI Prudential Life Insurance was up 0.6 percent despite reports that it has received a show cause cum demand notice from the Directorate General of GST Intelligence for not paying tax of Rs 492.06 crore pertaining to the period July 2017 to July 2022.
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