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Equity benchmarks started off trade marginally higher on Thursday with the Sensex rising 42.89 points to 28415.12 despite mixed Asian cues. The Nifty is inching towards 8750, up 11.30 points at 8737.90.
Asian Paints, HDFC, Reliance Industries, ICICI Bank, HDFC Bank and ITC were early gainers while Infosys, Axis Bank, Hero Motocorp, L&T and Tata Steel were under pressure.
Tata Power gained more than a percent after its unit acquired Welspun Renewables Energy Private Ltd while Reliance Communications rose nearly 2 percent on merger with Aircel.
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