New Delhi: Indian stock benchmarks started trading green on Wednesday, led by gains across all sectors. Asian stocks were positive: Japan’s Nikkei rose 1.86 percent, South Korea’s KOSPI rose 1.44 percent and the Shanghai Composite Index rose 0.35 percent.
Returning home, as of 9:18 a.m., the 30-stock BSE Sensex package was up 359 points, or 0.59 percent, to 60,976, and the broader NSE Nifty was up 108 points, or 0.60 percent, to 18,164.
Mid and small cap stocks were positive as the Nifty Midcap 100 index rose 0.40 percent and small cap stocks traded 0.95 percent higher.
On a stock-specific front, Hindalco was the best riser as the stock rose 2.32 percent to Rs 497.65. Tata Steel, JSW Steel, IndusInd Bank and Kotak Mahindra Bank were also among the winners.
On the other hand, Cipla, TCS, Nestle India, Bajaj Finserv and Tata Consumer Products were among the losers.
Overall market size was positive as 2,109 shares rose while 557 fell on BSE.
On the 30-share BSE platform, Tata Steel, UltraTech Cements, Kotak Bank, NTPC, IndusInd Bank and Sun Pharma reap the most gains, with their shares rising a whopping 1.76 percent in early trading.
TCS, Bajaj Finserv, Nestle India and Maruti were among the losers.
Meanwhile, IT majors TCS, Wipro and Infosys will release their third quarter (Q3) results later in the day.
The benchmark BSE Sensex was up 221 points, or 0.37 percent, to close at 60,616 Tuesday, while the broader NSE Nifty was up 52 points, or 0.29 percent, at 18,056.