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Brokerages says since the fundraise is not substantial enough, it will have a limited impact on Vodafone Ideas competitors

Juniper Hotels kicked-off its maiden trading session at Rs 365 apiece on NSE, a premium of 1.33 per cent over the issue price of Rs 360 apiece.

The shares of Juniper Hotels listed at a premium of 1.4% on the exchanges. The stock debuted at Rs 365 on NSE against an issue price of Rs 360. Meanwhile, the stock debuted at Rs 361.2, up 0.3% on BSE.

GPT Healthcare IPO: Analysts expect the shares to list at a 5 percent premium over the IPO price, somewhere around Rs 195

The Nifty breadth remained slightly in favour of bulls with 25 stocks trading in the green, 23 in the red while two remained unchanged. The top gainers were UltraTech Cement, HCL Technologies, Grasim Industries, Tata Consultancy Services (TCS) and Eicher Motors while the top Nifty losers were ONGC, Axis Bank, Power Grid, BPCL and Bharti Airtel.​

Caution persisted in the market ahead of the weekly derivatives expiry and release of the US inflation data, both due on Thursday.

Among the Sensex firms, Axis Bank, Bharti Airtel, HDFC Bank, Larsen & Toubro, Bajaj Finance, ICICI Bank and Reliance Industries were the major laggards.

The 30-share pack BSE Sensex surged 305.09 points, or 0.42 per cent, to 73,095.22, while NSE's Nifty50 index jumped 76.30 points, or 0.34 per cent, to end at 22,198.35 for the day.

Get latest articles and stories on India at LatestLY. Equity benchmark indices began the trade on a weak note on Tuesday tracking sluggish global market trends and fresh foreign fund outflows. India News | Markets Turn Flat After Weak Opening.

Axis Bank, Bharti Airtel, HDFC Bank, Larsen & Toubro, Bajaj Finance, ICICI Bank and Reliance Industries were the major laggards