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After a positive start, key benchmark indices traded with small gains in the morning trade. At 10:17 IST, the barometer index, the Sensex, rose 62.39 points or 0.18% at 34,415.18. The 50 index advanced 3.45 points or 0.03% at 10,627.05. The Sensex, and the Nifty, had hit record highs in early trade. Positive global cues lifted investors' spirits.

Among secondary indices, the Mid-Cap index rose 0.16%. The Small-Cap index advanced 0.15%. Both these indices underperformed the

Overseas, Asian stocks edged higher as investors in the region digested earnings guidance from tech heavyweight and kept an eye on ongoing inter-talks. North and have begun high-level talks, the first between the countries in two years. The meeting, at the Peace House in the truce village of Panmunjom, will focus on North Korea's possible participation in the 2018 Winter Olympic Games, taking place in in February.

US called the talks a "big start", adding that it would be a "great thing for all of humanity" if they resulted in a positive outcome.

In the US, the 500 and Nasdaq composite finished Monday's session at all-time highs as investors remained optimistic on the US economy.

Closer home, the breadth, indicating the overall health of the market, was positive. On the BSE, 1,276 shares rose and 1,189 shares declined. A total of 80 shares were unchanged.

Auto stocks nudged higher. (up 2.1%), Escorts (up 1.8%), (up 1.47%), (up 0.26%), (up 0.06%) and (up 0.03%) edged higher. (down 1.02%) and (down 0.56%) dropped.

was up 1.83% at Rs 441.65 after the company's subsidiary (JLR), reported a 0.6% growth in to 55,697 vehicles in December 2017 over December 2016. fell 7.8% to 15,079 units as solid sales of the long wheel base in and the introduction of the E-PACE were more than offset by softer sales of XE and rose 4.1% to 40,618 units led by the introduction of the Velar and the sales ramp up of the all new Discovery. The announcement was made after market hours yesterday, 8 January 2018.

Telecom stocks dropped. (down 1.92%), (down 1.19%) and (down 0.44%) edged lower.

was down 0.54%. The company has issued a clarification to the stock exchanges with regard to titled "removes 1,000 retailers from network". said that in the ordinary course of its business appoints various retailers, distributors and where necessary terminates such retailers and distributors for various reasons. Accordingly, the Payments Bank has in the ordinary course, from time to time, terminated for various reasons including delinquency, performance and other contractual reasons, Airtel said. The clarification was issued after market hours yesterday, 8 January 2018.

surged 4.55% at Rs 106.85 after the company said its board at its meeting held on 8 January 2018, approved the setting up of a green fibre project to manufacture polyester staple fibre by recycling of pet bottles at Samba, The board, however, deferred brownfield capacity expansion plan of 28,800 spindles at Baddi, Himachal Pradesh, due to the uncertain market conditions in the yarn segment. The announcement was made after market hours yesterday, 8 January 2018.

jumped 5.12% at Rs 769.45 after the company fixed 19 January 2018 as record date for buyback of upto 2.75 lakh shares, representing upto 1.15% stake, at Rs 875 per share. The announcement was made after market hours yesterday, 8 January 2018.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, January 09 2018. 10:14 IST
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