The benchmark BSE Sensex rose over 50 points in early trade on buying by domestic
investors and foreign funds ahead of IIP and inflation data scheduled to
be released later in the day amid firm Asian cues.
The Nifty climbing 23.50 points to 7694.90. Pharma, banking &
financials, auto and oil & gas stocks gained while metals stocks lost
shine.
Rupee edged up by 5 paise
to 66.39 against dollar in the early trade at the Interbank
Foreign Exchange on increased selling of the American currency
by exporters and banks.
Nestle India
shares surged over 4 per cent in the early trade on Tuesday after
the company said that Maggi has cleared tests conducted by Central Food
Technological Research Institute (CFTRI) under the directive of Supreme Court,
reiterating that its instant noodles brand is safe for consumption.
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