Equity indices opened on a positive note on Wednesday with virtually all sectoral indices trading in the green led by realty, energy, metal, infrastructure, pharma and FMCG scrips.
It was a strong start for the indices which got a boost on cues from Asian markets as well.
At 11:15 am, the BSE Sensex was up 264 points at 35,617 while the Nifty 50 was trading 81 points higher at 10,685.
Yes Bank, Indiabulls Housing Finance, Vedanta, Tata Steel, Power Grid, Dr Reddy's Lab and Bajaj Finserv were among major gainers. The losers include Zee Entertainment, Reliance Capital, Bajaj Capital and Hero Motorcorp.
Meanwhile, Asian stocks advanced to four-and-a-half month highs as investors were optimistic about talks between US and Chinese trade negotiators.
On Tuesday, US President Donald Trump said trade talks with China were going well and he was open to extending the March 1 deadline to complete negotiations.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app