Sensex, Nifty gain as oil tumbles amid caution over Middle East tensions [Reuters]
Vedanta Limited American Depositary Shares (Each representing four equity shares) (VEDL)
US:NYSE Investor Relations:
vedantalimited.com/investor-relations.aspx
Company Research
Source: Reuters
Sensex, Nifty gain as oil tumbles amid caution over Middle East tensions (Reuters) - Indian shares closed higher on Tuesday as crude prices slipped from their peaks, while investors remained cautious of any fresh escalation in U.S.-Iran standoff. The Nifty 50 .NSEI ended 0.50% higher at 12,052.95, while the benchmark S&P BSE Sensex .BSESN closed up 0.47% at 40,869.47. Both the indexes had gained as much as 1.1% earlier in the session. Vedanta Ltd ( VDAN.NS ) led gains on the Nifty, closing 3.62% higher, while Bharti Infratel Ltd ( BHRI.NS ) ended 1.85% lower, becoming the biggest loser on the index. “We do not have much clarity again from U.S.-Iran issues, there is still uncertainty staying as a cloud,” said Anand James, chief market strategist at Geojit Financial Services. HDFC Bank Ltd ( HDBK.NS ) closed up 1.58% higher. The lender had reported a 25% rise to 10.68 trillion rupees ($13.92 billion)in deposits for the quarter on Monday. The Nifty Bank index closed 0.52% higher.
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