Sensex, Nifty trade higher

Key benchmark indices were trading with small gains in early trade. At 9:16 IST, the barometer index, the S&P BSE Sensex, was up 79.53 points or 0.20% at 39,762.82. The Nifty 50 index was up 17.45 points or 0.15% at 11,942.20.

Among secondary barometers,the BSE Mid-Cap index was up 0.30%. The BSE Small-Cap index was up 0.31%. Both these indices outperformed the Sensex.

The market breadth, indicating the overall health of the market, was strong. On BSE, 728 shares rose and 292 shares fell. A total of 45 shares were unchanged.

Overseas, most Asian shares traded higher in Tuesday, with US President Donald Trump continuing his visit to Japan. US President Trump is currently in Japan as part of a four-day state visit, where he said during a Monday news conference with Japanese Prime Minister Shinzo Abe that he hoped to announce a trade deal with the country soon.

Provisional results from European Union (EU) elections also buoyed markets after pro-union parties kept a firm grip on power in elections to the European Parliament.

The US stock market was closed on Monday, 27 May 2019, in observance of Memorial Day.

Back home, InterGlobe Aviation was up 2.52%. The company's net profit rose 401.18% to Rs 589.59 crore on 35.46% rise in total income to Rs 8259.81 crore in Q4 March 2019 over Q4 March 2018. The result was announced after market hours yesterday, 27 May 2019.

Zee Entertainment Enterprises was down 0.42%. The company's consolidated net profit rose 26.27% to Rs 291.68 crore on 14.46% rise in total income to Rs 2076.31 crore in Q4 March 2019 over Q4 March 2018. The result was announced after market hours yesterday, 27 May 2019.

Adani Ports & Special Economic Zone was up 2.88%. The company's consolidated net profit rose 38.69% to Rs 1285.38 crore on 0.16% rise in total income to Rs 3492.72 crore in Q4 March 2019 over Q4 March 2018. The result was announced after market hours yesterday, 27 May 2019.

Emami was down 1.58%. The company's consolidated net profit fell 6.09% to Rs 56.09 crore on 6.1% rise in total income to Rs 656.90 crore in Q4 March 2019 over Q4 March 2018. The result was announced after market hours yesterday, 27 May 2019.

Hindustan Aeronautics was up 4.12%. The company's net profit rose 13.1% to Rs 1177.29 crore on 9.83% rise in total income to Rs 10163.35 crore in Q4 March 2019 over Q4 March 2018. The result was announced after market hours yesterday, 27 May 2019.

NHPC was up 7.63%. The company's net profit rose 146.39% to Rs 492.29 crore on 96.03% rise in total income to Rs 2756.30 crore in Q4 March 2019 over Q4 March 2018. The result was announced after market hours yesterday, 27 May 2019.

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