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Indian shares edge higher on consumer, IT gains

10/27/2021 | 12:01am EST
People stand outside the Bombay Stock Exchange (BSE), after Sensex surpassed the 60,000 level for the first time, in Mumbai

BENGALURU, Oct 27 (Reuters) - Indian shares inched higher on Wednesday, helped by consumer and information technology stocks, while investors awaited earnings results from a slew of big companies due later in the day.

The blue-chip NSE Nifty 50 index and the benchmark S&P BSE Sensex rose 0.1% each to 18,303 and 61,450 respectively, by 0352 GMT.

The Nifty fast moving consumer index rose 0.8%, while the information technology index climbed 0.6%.

Many top-tier companies including India's leading car maker Maruti Suzuki, Larsen & Toubro, cigarette maker ITC, Bajaj Auto, Titan Company and Adani Enterprises will report their earnings later in the day. (Reporting by Nallur Sethuraman in Bengaluru; Editing by Subhranshu Sahu)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
ADANI ENTERPRISES LIMITED 1.42% 1740.25 End-of-day quote.1.86%
BAJAJ AUTO LIMITED -1.10% 3382.3 End-of-day quote.10.30%
ITC LIMITED 1.18% 214.3 Delayed Quote.-2.87%
LARSEN & TOUBRO INFOTECH LIMITED 1.09% 6034.15 Delayed Quote.-18.59%
MARUTI SUZUKI INDIA LTD 6.83% 8602.6 Delayed Quote.8.43%
TITAN COMPANY LIMITED -0.98% 2379.4 End-of-day quote.-5.74%
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