Sensex, Nifty Rise As Adani Group Stocks Extend Rally
(RTTNews) - Indian shares opened higher on Tuesday after U.S. President Joe Biden and top Republican Kevin McCarthy have called their latest talks on the debt ceiling productive.
The benchmark S&P BSE Sensex was up 216 points, or 0.4 percent, at 62,180 in early trade, while the broader NSE Nifty index was up 91 points, or half a percent, at 18,405.
Adani Group stocks continued to rise, with Adani Enterprises climbing 17 percent and Adani Ports surging 5.4 percent.
Infosys, Britannia Industries and BPCL were up 1-2 percent.
Vedanta rose over 1 percent after declaring its first interim dividend for FY24.
PB Fintech rallied 2 percent after narrowing its quarterly net loss.
Indiabulls Housing Finance declined 2.5 percent on reporting a 14 percent fall in its Q4 net profit.
Coal India was marginally higher after concluding a wage revision pact with non-executive workers.
HEG slumped 4.5 percent as it reported a 23 percent year-on-year decline in consolidated profit for the March FY23 quarter.
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