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Concerns over rising deposit rates appeared to have eased somewhat, and investors seem to be turning hopeful about corporate demand picking up
By 9.30 am, Sensex was trading 304.34 points, or 0.46 per cent higher at 66,894.27, while Nifty50 was up 67 points, or 0.34 per cent, at 19,778.45.
Foreign entity WWD Ruby Ltd has offloaded its entire 4.77% stake in Sapphire Foods India Ltd through the open market on Tuesday for Rs 417 crore.
Major firms like Wipro, Hindustan Unilever, Tech Mahindra, LTI Mindtree, Aditya Birla Sun Life AMC, Aarti Surfactants, Axis Bank, Bajaj Finserv, Bajaj Holdings & Investment, ACC, Agro Tech Foods, Glenmark Life Sciences, etc, will announce their Q4 earnings on Thursday
A host of IT counters, including some bluechip names, dropped sharply lower on Monday after the disappointing performance by Infosys in the March 2023 quarter.