Key benchmark indices edged up higher in morning trade. The BSE Sensex trading at 28967.07 up 223.97 points (0.78%) and NSE Nifty at 8936.65 up 58.05 points(0.65%).
The Market breadth indicating the overall health of the market is positive .On NSE there are 40 shares in advance where 10 shares in decline. Total Unchanged 1 share.
AxisBank, HDFC, Bank Baroda, Heromotoco and IndusIndbk are gainers while Idea, BPCL, TataMotors, Ultracemco and M&M are losers in the Sensex.
HPCL was up 1.13%. The stock turned ex-dividend today, 1 March 2017 for an interim dividend of Rs 22.50 per share for the year ending 31 March 2017 (FY 2017).
The Indian rupee opened lower at 66.78 on Wednesday as previous close of 66.69 against the US Dollar.