Sensex gains; Tata Motors, Sun Pharma lead

Reuters Market Eye - The BSE Sensex gains 0.17 percent while the broader Nifty is up 0.1 percent.

Tata Motors Ltd surges 3.7 percent after the company's third-quarter net profit tripled to its highest in a year-and-a-half on strong demand for its luxury Jaguar Land Rover vehicles.

Sun Pharmaceutical Industries gains 1.7 percent after earnings at U.S. unit Taro Pharmaceutical Industries beat estimates, traders said.

Tata Steel gains 1.1 percent on optimism ahead of its December-quarter results later in the day.

Caution expected ahead of Fed Chair Janet Yellen's testimony before the U.S. Congress later in the day.

Also, foreign investors sold Indian shares for an eighth consecutive session on Monday, totalling sales of $655 million.

 

(Reporting by Abhishek Vishnoi)