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Share market updates: Sensex up 50 points, Nifty back at 10,900; Sun Pharma, Jet Airways down up to 2%

Share market LIVE updates: The domestic stock markets –Sensex and Nifty–opened marginally higher tracking domestic and global cues. The Sensex is up about 46 points to 36,393.94, while the Nifty is trading above the 10,900-mark. Sun Pharma shares tanked by more than 1% to hit the day’s low at Rs 447.15, after whistleblower complaints emerged, according to media reports. Jet Airways shares slumped by more than 2% to Rs 287.50 on BSE, ahead of lenders’ meet to explore debt rejig plans.


Rupee opens The Indian rupee opened at 71.06 per dollar on Wednesday versus 71.04 yesterday.
Vedanta, Yes Bank, and Zee Entertainment, while Sun Pharma, Bharti Airtel, JSW Steel and Dr Reddy’s have lost the most. 

BSE Live: IndusInd Bank share price gains nearly 2% after Q3 results
Shares of India's major private sector lender IndusInd Bank surged in trade on Wednesday, recovering from one-month lows, after the firm reported Q3 results. IndusInd Bank shares gained nearly 2% to Rs 1,524.30 on BSE. Last week, IndusInd Bank reported a minor rise in its December-quarter profits on the back of higher provisions and contingencies. Net profit for the quarter rose 4.6% on-year to Rs 985.03 crore. 

Jet Airways shares slumped by more than 2% to Rs 287.50 on BSE, ahead of lenders' meet to explore debt rejig plans. VEDL shares, up 1.2% emerged among the biggest gainers in the Sensex. A look at live Sensex heatmap. Jet Airways shares plunged more than 7 per cent in the morning on Wednesday after shareholder Etihad Airways offered to invest in the company at a price which is nearly half of Tuesday's closing price.

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