(RTTNews) – Indian shares traded mixed on Tuesday after a recent run of gains to record highs.
The benchmark S&P BSE Sensex rose 116 points, or 0.2 percent, to 67,243 in early trade, while the broader NSE Nifty index fell 59 points, or 0.3 percent, to 19,937.
Divis Laboratories, Dr Reddy’s Laboratories, ICICI Bank and Larsen & Toubro rose 1-3 per cent, while Adani Enterprises and Adani Ports both fell around 3 per cent after sharp gains the previous day.
Reliance Industries gained a slight lead after an announcement that global investment firm KKR, through a subsidiary, will invest Rs. 2,069.50 crore in its subsidiary Reliance Retail Ventures.
Tata Steel traded marginally higher after acquiring shares worth Rs. 112 crore in a subsidiary.
NTPC fell about 1 percent after subsidiary NTPC Green Energy entered into a pact with Nayara Energy to explore opportunities in green hydrogen and green energy for captive use.
Laurus Labs lost 2 percent. The company is buying 37,641 shares in Laurus Bio Pvt Ltd from promoters and other shareholders.
India’s Power Grid Corp traded slightly lower despite winning the tariff-based competitive bidding to set up a 20 GW inter-state transmission system project in Rajasthan.
SpiceJet fell over 1 percent on news that it will complete “the payment of Rs 100 crore” to former promoter Kalanithi Maran by September 12.
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