Lagatar24 Desk
Mumbai, Jan 12: The Indian equity indices began trading in the green on Wednesday, with advances across the board. The Nikkei 225 index in Japan rose 1.86 percent, the KOSPI in South Korea rose 1.44 percent, and the Shanghai Composite index rose 0.35 percent.
Back at home, the 30-share BSE Sensex was up 359 points, or 0.59 percent, at 60,976 at 9:18 a.m., while the broader NSE Nifty was up 108 points, or 0.60 percent, at 18,164.
Mid- and small-cap stocks were higher, with the Nifty Midcap 100 index up 0.40 percent and small-cap stocks up 0.95 percent.
On a stock-by-stock basis, Hindalco was the highest Nifty gainer, jumping 2.32 percent to Rs. 497.65. Among the gainers were Tata Steel, JSW Steel, IndusInd Bank, and Kotak Mahindra Bank.
Cipla, TCS, Nestle India, Bajaj Finserv, and Tata Consumer Products, on the other hand, were among the losers.
On the BSE, the overall market breadth was positive, with 2,109 shares rising and 557 falling.
Tata Steel, UltraTech Cements, Kotak Bank, NTPC, IndusInd Bank, and Sun Pharma saw the greatest increases on the 30-share BSE platform, with their shares gaining as much as 1.76 percent in early trade.
TCS, Bajaj Finserv, Nestle India, and Maruti Suzuki were among the companies that suffered losses.
IT majors like TCS, Wipro, and Infosys, on the other hand, will release their third-quarter (Q3) results later in the day.
On Tuesday, the benchmark BSE Sensex rose 221 points, or 0.37 percent, to close at 60,616 points, while the broader NSE Nifty rose 52 points, or 0.29 percent, to 18,056 points.
