Sensex rises 400 pts; Nifty above 25,200; Vedanta up 3%, Asian Paints down 6%

Indian equity benchmark indices, Sensex and Nifty, opened higher on Wednesday amid positive sentiment around the finalisation of the India-European Union Free Trade Agreement (FTA), along with upbeat global cues.

That said, at 11 AM, BSE Sensex was trading at 82,266.57, up 409 points or 0.5 per cent and NSE Nifty50 quoted 25,289.5, up 114.1 points or 0.45 per cent.

On BSE, Axis Bank, Eternal and Adani Ports were top gainers, while Asian Paints, Maruti Suzuki and Infosys were top drags.

Broader markets gained. Nifty SmallCap 100 index was up over 1 per cent, while Nifty MidCap 100 index was up 0.56 per cent.

Sectorally, Nifty Private Bank, Realty and Oil & Gas were among top gainers, up over 1 per cent each. On the other hand, Auto and PSU Bank shares were dragging.

Q3 results today

Larsen & Toubro, Maruti Suzuki India, SBI Life Insurance, TVS Motor, Lodha Developers, SBI Cards, GE Vernova TD India, Phoenix Mills, Fertilisers and Chemicals Travancore, Mahindra & Mahindra Financial Services, Cochin Shipyard, Gland Pharma, Garden Reach Shipbuilders, TVS Holdings, Pine Labs, Star Health & Allied Insurance, Piramal Pharma, National Securities Depository, and eClerx Services, among others, will announce their quaterly earnings today.