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1:2 Split: Rs 220-To-3,720, Defence PSU HAL Rises 1561% Post Covid, 440% Dividend Paid; 3 Brokerages Say BUY -
ICICI Lombard's Q4 Net Profit Climbs 18.9% to ₹520 Crore, Optimistic About Future -
Adani Injects Rs 8,339 Crore, Boosts Ambuja Cements Stake to 70.3% -
5.35% Yield, 52.5% Dividend: Maharatna PSU Is Goldmine In Coal, ICICI Direct Says BUY, For Highest Rs 550 TP -
Legal Complaint Targets Flipkart, BigBasket for Election Day Employee Work -
Tata Communications Q4 Profit Slips 1.5%, Revenue Up 24.6%; Dividend Announced -
India Updates FDI Policy to Boost Foreign Investment in Space Sector -
Jindal Stainless Achieves Reduction of 2.4 Lakh Tons in CO2 Emissions Over Two Fiscal Years -
Rs 150/Share Dividend, Yield 4.03%: 94-Yrs Old Tobacco Co To Consider Dividend, PE Is 20.37 -
Gold Prices In US: Yellow Metal Rates Steady Amid Geopolitical Uncertainty, Dollar Strength
Sensex, Nifty open higher as Tata Motors surges 6 per cent
The Sensex was trading higher by 176 points, while the Nifty rallied 45 points in trade. Leading the set of gainers apart from Tata Motors was NTPC, Jindal Steel and HDFC.
Shares in ONGC were trading higher on reports that ONGC Videsh has signed Production Sharing Contracts for two onshore blocks in Myanmar.
Nifty losers in trade were Kotak Mahindra, Hindustan Unilever and Tata Consultancy Services. HPCL was trading lower after the company's results lagged estimates.
Bank of India which had a successful fund raising plan was trading marginally lower. Jet Airways was trading higher after the company managed to reduce its losses.
Mid cap shares were having a quiet session in trade with notable winners being Havvels India, Petronet LNG and Tata Global Beverages.
Realty stocks continued to rise for a second day in a row with gainers being DLF, Unitech and HDIL. Gail which had fallen post its results on Monday gained ground and was trading one per cent higher.
Meanwhile, markets in Asia were higher except the Shanghai Composite which lost ground in trade.
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