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Sensex, Nifty Rise In Early Trade

(RTTNews) - Indian shares opened on a positive note Tuesday as investors digested mixed earnings reports and watched progress in U.S. government stimulus efforts.

The benchmark S&P BSE Sensex climbed 223 points, or 0.59 percent, to 38,157 in early trade, while the broader NSE Nifty index was up 68 points, or 0.61 percent, at 11,200.

Tech Mahindra jumped nearly 5 percent after its Q1 results beat Street estimates.

InterGlobe Aviation rose slightly as IndiGo deepened pay cuts for its senior employees and pilots by another 10-13 percent.

Mahindra & Mahindra Financial Services rallied 2.6 percent. The company will issue 61.78 crore equity shares of face value of Rs 2 each at a price of Rs 50 per equity share starting today.
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