April 24, 2024 at 12:03 am EDT
BENGALURU (Reuters) - Indian shares inched higher on Wednesday, led by gains in metals and auto stocks, with the focus on quarterly results from multiple Nifty 50 companies this week.
The NSE Nifty 50 was up 0.2% at 22,405.8 as of 9:25 a.m. IST, while the S&P BSE Sensex gained 0.24% to 73,884.
The metals index rose 0.5%, while auto stocks rose 0.4%.
Tata Consumer Products fell 4.2%, leading losses in the Nifty 50 index after its fourth-quarter revenue missed analysts' estimates.
Asian shares rose on Wednesday following gains in the U.S. markets, where strong earnings from some companies lifted investor sentiment after concerns from the Middle East ebbed.
Nifty 50 constituents Hindustan Unilever, LTIM indtree and Axis Bank will report results on Wednesday, while Bajaj Finance, Maruti Suzuki will report earnings later this week. (Reporting by Manvi Pant in Bengaluru; Editing by Rashmi Aich and Sonia Cheema)

Sumber : Reuters