Stock

Shares inch higher, blue-chip earnings in focus

Reuters | Updated on April 27, 2021

Benchmark indices edged up on Tuesday ahead of a slew of earnings reports from blue-chip companies, including Maruti Suzuki India, with gains led by Reliance Industries and IT stocks.

The NSE Nifty 50 index rose 0.27 per cent to 14,524, while the benchmark S&P BSE Sensex was up 0.25 per cent at 48,507.4. The indexes had registered their third straight weekly loss last week on concerns over surging coronavirus cases in the country.

Nifty 50 components Maruti Suzuki India, Axis Bank , Britannia Industries and Bajaj Finance are set to report their quarterly results later in the day.

Meanwhile, Asian shares slipped ahead of the keenly watched two-day Federal Reserve meeting on interest rates, beginning Tuesday.

Published on April 27, 2021

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