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It is a positive start for the market on Wednesday morning, as investors reacted to double news of Shaktikanta Das being appointed RBI governor as well as results to state elections in five states.
The Sensex is up 128.23 points or 0.36% at 35278.24, while the Nifty is higher by 33.20 points or 0.31% at 10582.40. The market breadth is positive as 314 shares advanced, against a decline of 93 shares, while 12 shares were unchanged.
All sectoral indices are trading in the green, with most gains seen in metals, infrastructure, banks and automobiles. Equity benchmarks have begun higher in pre-opening trade, with the Nifty trading above 10,500.
The Sensex is up 113.60 points or 0.32% at 35263.61, and the Nifty up 60.70 points or 0.58% at 10549.20. Trends on SGX Nifty indicate a flat opening for the broader index in India, a fall of 9 points or 0.08 percent. Nifty futures were trading around 10,591-level on the Singaporean Exchange.
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