(RTTNews) – Indian shares opened lower on Tuesday following mixed global cues and an overnight rise in US government bond yields.
Asian markets traded mostly lower after data showed Chinese exports fell for a sixth straight month in October, adding to economic woes.
The benchmark S&P BSE Sensex fell 195 points, or 0.3 percent, to 64,757 in early trade, while the broader NSE Nifty index fell 48 points, or 0.3 percent, to 19,363.
Wipro rose half a percent after making office work mandatory three times a week. Bajaj Finance gained 1 percent after launching a QIP issue.
HPCL fell slightly despite a return to profit in the second quarter.
Adani Energy Solutions rose 0.3 percent after reporting a 47 percent increase in quarterly profit.
PNB Housing Finance fell 1.6 percent on reports that it is expanding its business in the affordable housing segment and plans to restart corporate lending in two to three quarters.
Emami rose about 1 percent despite modest second-quarter results.
Bata India fell more than 1 percent after signing a licensing and manufacturing agreement with Authentic Brands Group to launch and sell lifestyle brand Nine West in India.
Nykaa rose almost 2 percent after growing 50 percent in net profit in the second quarter.
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