Equity benchmarks continued to consolidate with a positive bias amid geopolitical tensions and ahead of fourth quarter earnings season that will be kicked off by Infosys on April 13.
The 30-share BSE Sensex was up 35.13 points at 29,741.74 and the 50-share NSE Nifty gained 10.70 points at 9,209 while the broader markets outperformed, rising half a percent on positive breadth.
More than two shares advanced for every share falling on the BSE.
Reliance Industries, Axis Bank, TCS, Tata Motors and Infosys were leading contributors to Sensex’ gains whereas HDFC fell a percent that capped market gains.
Divis Labs was the top midcap gainer, up nearly 4 percent after the US health regulator has exempted some more products manufactured at company’s unit-II, Visakhapatnam from import alert.
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