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FX.co ★ Sensex, Nifty Open Higher Led By Financials

Sensex, Nifty Open Higher Led By Financials

Indian equities started Tuesday's session on an upward trajectory following two consecutive days of declines. The benchmark index, S&P BSE Sensex, climbed 356 points, or 0.5%, reaching 75,722 in early trading. Meanwhile, the broader NSE Nifty index increased by 53 points, or 0.2%, to 22,882.

In particular, Bajaj Finance, Infosys, Axis Bank, ICICI Bank, and HDFC Bank saw gains between 1% and 2%. Conversely, Sun Pharma experienced a significant drop of nearly 5%, while NTPC and Hindalco each declined around 3%.

यह भी देखें: एक यूरोपीय स्तर के ब्रोकर के साथ फॉरेक्स ट्रेड शुरू करें!

Union Bank of India surged 3.5%, driven by a notable 28% year-on-year increase in its Q3 consolidated net profit. Emami reported a 7% rise in quarterly profit, boosting its shares by 2%.

Additionally, Oriental Rail Infrastructure jumped 2.6% after securing an order valued at Rs 575 crore for the production and supply of 33 rakes of Flat Multi-Purpose Wagons (FMP).

However, Coal India saw a decline of 1.2% following the announcement of a 17% drop in Q3 net profit. In contrast, Tata Steel gained 1% as its quarterly profit surpassed market expectations. Federal Bank fell sharply by 6% after revealing a slight decrease in quarterly net profit. Indraprastha Gas also declined significantly, plunging 3.4% due to underwhelming financial results.

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