However, stock-specific action will continue to impact sentiment during the day, given that we are in the middle of the March 2018 quarterly result season.
After Infosys lowered its Ebitda guidance, investors will now look to TCS quarterly results, due later today. Apart from TCS, corporate earnings of IndusInd Bank, Reliance Power, Bharat Seats and Cyient are also due later in the day. On Wednesday, ACC, HDFC Life, Mastek and Mindtree declared their Q4FY18 results.
Among the sectoral indices, the Nifty Metal index was nearly 4% higher led by a rise in shares of Hindustan Copper, National Aluminium Company and Hindalco Industries.
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