D-Street off highs, Sensex up over 250 points; Nifty above 10,650

Automobile stocks lose sheen, banking and IT space rise higher

Mumbai.

Infosys gains 3% Shares of Infosys gained over 3 percent on Wednesday morning as investors cheered positive results from the firm along with a healthy order book. Here is a look at how the stock has performed so far today.

Infosys gains 3% Shares of Infosys gained over 3 percent on Wednesday morning as investors cheered positive results from the firm along with a healthy order book. Here is a look at how the stock has performed so far today.

It is a strong start to the market on Wednesday morning on the back of strong global cues. The Nifty has opened above 10,700-mark, while the Sensex is trading higher by over 400 points.

There’s buying across all sectors, with maximum gains visible among banks, IT, and automobiles, among others. In the broader markets, the Nifty Midcap index is trading higher by over a percent as well.

Infosys’ shares have risen 3 percent on the back of good results and an order book as well.
Other top gainers include Yes Bank and Eicher Motors. Among top losers are ONGC and BPCL.

Rupee Opens: The Indian rupee opened at a two-week high of 73.41 per dollar on Wednesday versus previous close 73.46.

Yesterday the rupee gained 37 paise to close at 2-week high at 73.46 against Monday’s close of 73.83 per dollar.

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