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Market Opens: Benchmark indices opened on a higher note on Wednesday with Nifty hovering around 10,900 level. The Sensex is up 216.17 points at 36189.88, while Nifty is up 52.20 points at 10887.50. About 510 shares have advanced, 98 shares declined, and 21 shares are unchanged.  Yes Bank, Adani Ports, UltraTech, HPCL, ICICI Bank, RIL, JSW Steel are among major gainers, while Wipro, HCL Tech, TCS, Tech Mahindra are trading lower.  Among the sectors, except IT, all other indices are trading in green. Midcap and smallcap also trading with a 0.5 per cent gain. Crude Update: Oil prices rose on Wednesday after a report of declining crude inventories in the country and as producer club, OPEC seemed to stick to its supply cuts despite pressure from US President Donald Trump. Shares of Allahabad Bank were trading over 3 per cent higher as the Reserve Bank of India (RBI) on Tuesday removed three commercial banks – Allahabad, Corporation and Dhanlaxmi -- from the prompt ...

Market Opens: Benchmark indices started on a positive note on Wednesday with Nifty trading above 10,950 level. The Sensex is up 98.30 points at 36715.11, while Nifty is up 42.60 points at 10977. About 392 shares have advanced, 202 shares declined, and 33 shares are unchanged. Jubilant Food, Tech Mahindra, HPCL, Zee Entertainment, Indiabulls Housing are trading higher, while NTPC, Dr Reddy's Lab, Adani Ports, UltraTech Cement are among major losers. Tech Mahindra Surges To Record High - Shares of the information technology company rose as much as 5.8 per cent to hit a new all-time high at Rs 794.60. The stock was the top performer on Nifty. The company’s quarterly profit rose in the three months ended December, led by its communications and enterprise businesses. Infosys Hit A New All-Time High -   Shares of the Bengaluru-based software developer halted a two-day fall. The stock rose as much as 1.4 per cent to hit a new all-time high at Rs 765.65. The stock has returne...