Sensex is up by 0.28 per cent and Nifty rises by 0.29 per cent
Mumbai: The BSE Sensex is up 0.28 per cent, while the broader Nifty is 0.29 per cent higher.
Oil and Natural Gas Corp gains 2.3 per cent while Bharat Petroleum Corp=is up 2 percent after January-March earnings beat some analysts estimates. Larsen & Toubro is up 1.7 per cent ahead of Jan-March earnings later in the day. However, Tata Motors Ltd fell 1.6 per cent after operating margin at its unit Jaguar Land Rover Ltd lagged some analyst estimates for the March quarter.
Caution prevails ahead of Jan-March GDP and infrastructure output data for April later in the day and central bank's policy review on June 3.
( Source : reuters )
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