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Opinion

Sensex jumps 110 points to 46,125.58 in opening session; Nifty rises 0.09% to 13,475.10

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Indian equities saw little change in early trading on Wednesday as a rally in TI equities offset weak global investor sentiment over new Covid-19-related restrictions after a new strain of the coronavirus swept the Kingdom. United.

The NSE Nifty 50 Index was up 0.09% to 13,475.10 at 0348 GMT, while the benchmark S&P BSE Sensex Index was up 0.06% to 46,053.20.

U.S. equity futures tumbled after President Donald Trump indicated that he might not sign the $ 900 billion bipartisan aid package just one day after Congress approved it.

Investors around the world are concerned about the new strain of coronavirus in the UK, which has prompted new travel restrictions and a new round of lockdowns.

In Mumbai, TI shares increased their gains with the Nifty IT index rising as much as 1.46%.

Shares in Wipro Ltd rose as much as 3.65% after the IT service provider signed a $ 700 million deal with METRO AG on Tuesday to manage METRO AG’s units in Germany and Romania.

Infosys Ltd advanced more than 2% in early trading after it signed a partnership with Daimler AG on Tuesday.

Meanwhile, Reuters reported on Tuesday that India is likely to approve the Oxford / AstraZeneca coronavirus vaccine for emergency use next week.

Hindustan Times

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