Equity benchmarks opened higher after weakness in previous session, following better-than-expected Q3 GDP data and positive Asian cues. The 30-share BSE Sensex was up 139.37 points at 28882.69 and the 50-share NSE Nifty gained 37.85 points at 8917.45.
BHEL, Hero Motocorp, ONGC, Axis Bank, Cipla, Bharti Infratel and Power Grid Corp were early gainers while Tata Motors, Bharti Airtel, Tech Mahindra, Idea Cellular, UltraTech Cement and M&M were under pressure.
The Indian rupee has opened lower by 9 paise at 66.78 per dollar on Wednesday versus previous close of 66.69.
The dollar weakened slightly as investors awaited President Donald Trump's speech to congress for fresh indications of his economic plans and as portfolios were rebalanced for month-end.
Asian Markets are trading mostly higher in Wednesday’s session as traders keenly await for clues from on U.S. President’s addresses to the U.S. Congress.
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