Indian stocks rise on Maruti’s rise; Bharti Airtel’s results are the center of attention.


The safe bet NSE Nifty 50 index was up 0.23% at 17.254, 0354 GMT, while the S&P BSE Sensex gained 0.19% at 57,728.84. The indices had had their worst day in two weeks with a drop of 1.7% on Monday.

Maruti Suzuki India rose 3.3%, while shares of TVS Motor Company rose 5% to their highest level since mid-January.

The Nifty Metal Index rose 1.4%, led by a 2% jump in Tata Steel.

Telecom operator Bharti Airtel held steady ahead of its quarterly results due later in the day.

Edible oil refiner Adani Wilmar is set to make its market debut on Tuesday after receiving a strong response to its 36 billion rupees ($482.32 million) IPO.

($1 = 74.6385 Indian rupees)



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