Sensex up 140 points, Nifty above 10,950; Tech Mahindra, Zee Entertainment shares rally
The domestic stock markets–Sensex and Nifty–opened higher on Wednesday, tracking positive global cues. The Sensex is up about 143 points to 36,763.07, while the Nifty is trading above the 10,950-mark. Tech Mahindra shares zoomed by more than 5% to Rs 789 on NSE, after the firm reported strong Q3 results. Zee Entertainment shares rallied by more than 3.3% to Rs 377.45 on NSE.
Asian shares started cautiously on Wednesday as investors waited to see if US President Donald Trump drops any hints of progress on tariffs in his State of the Union speech. MSCI’s broadest index of Asia-Pacific shares outside Japan was flat with China and several other markets in the region still closed for the Lunar New Year holiday, Reuters reported.
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