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The Indian equity markets were trading with slim gains in Wednesday’s volatile session, lifted by public sector banks and metals.
The S&P BSE Sensex was up 50 points at 36,730 levels and the Nifty50 index hovered around 10,830-mark. IndusInd Bank (up 5%) gained the most among Sensex constituents, followed by Bajaj Auto and Mahindra & Mahindra (both up 1%). As per media reports, US-based hedge fund Route One Investment Company is in talks to increase its stake in IndusInd Bank. Titan Company rose a little over 1 per cent after giving business update for the June quarter of FY21.
The Nifty sectoral indices were largely in the green, led by Nifty PSU Bank index, up 1.5 per cent.
Results today
On the earnings front, a total of 12 companies are slated to report their March quarter earnings today, while South Indian Bank is scheduled to report June quarter results.
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