Stocks in the news:Top advancers were Tech Mahindra, Zee, Hindustan Petroleum, Indiabulls Housing Finance.
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...