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Benchmark indices rose over two per cent on Wednesday, on the back of firm global cues
The S&P BSE Sensex was trading around 36,780 levels, up 700 points, and the broader Nifty50 index topped the 10,800 level. Infosys gained 6 per cent ahead of the announcement of its June quarter results later in the day. Besides, Reliance Industries was also trading 2 per cent higher ahead of the company’s 43rd Annual General Meeting which will be held via videoconferencing later in the day. WHAT TO EXPECT FROM RELIANCE AGM
Moreover, Wipro surged 15 per cent after reporting better-than-expected quarterly numbers.
All the Nifty sectoral indices were trading in the green, led by Nifty IT index, up 5 per cent.
Results today
Today, a total of 53 companies including Infosys, Bandhan Bank, and Larsen & Toubro Infotech, are scheduled to announce their quarterly results.
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