Indian shares edged up, gains on the NSE index were capped by aluminium producers such as Hindalco Industries Ltd on lower global prices.
Broadly positive Asian markets pushed the key Indian equity indices higher during the early morning trade session.
On NSE, shares of the company soared 6.58 per cent to close at Rs 277.60.
Shares of HDFC Bank fell by over 1% even as the company posted 20.3% growth in standalone net profit for the quarter ended on Mar 31, 2018.
Benchmark Nifty rose 20.65 points to end at 10,584.70 today, driven by buying in realty, pharma, IT, media, PSU bank and auto sectors.
Sensex rose 35 points to close at an over two-month high of 34,450.77, while the broader NSE Nifty finished at 10,584.70, up 20.65 points.
The BSE Sensex rose 35 points to close at an over two-month high of 34,450.77 in choppy trade on steady buying in realty, healthcare and consumer durables.
After four weeks of gains, Indian markets could take a breather due to profit booking, followed by a period of consolidation.
Around 1.18 p.m., the wider Nifty50 of the National Stock Exchange (NSE) rose by 52.90 points or 0.50% to trade at 10,616.95 points.
Indian shares rose , with software services exporter TCS crossing $100 billion in market capitalisation, which helped boost sentiment in IT stocks.
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Legal Tussle Over Bank Guarantee Could Also Delay Govt Approval
Economic Times Reports
Lenders To Meet Today To Decide On Essar Steel
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Business Standard Reports
IPO under SEBI scanner
SEBI has sought details of investment made by ICICI Prudential MF
Had to cut its IPO Size To Rs 3,520 Cr from original target of Rs 4,017 Cr
A large chunk was bought by ICICI MF
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Board approves proposal for corporate restructuring
Move aimed at simplifying & clarifying structure & holdings
To focus on travel, forex, destination mgmt & portfolio investments
Restructuring will consolidate HR services into Quess Corp
Shareholders will receive 1,889 shares of Quess for every 10,000 Shares Held in Co