Equity Benchmarks Opened Mildly Higher Amid Consolidation After Sharp Fall

Equity benchmarks opened mildly higher amid consolidation after sharp fall seen in previous session. Investors will closely watch crude oil price movement and corporate earnings.

The 30-share BSE Sensex was up 33.45 points at 33,404.21 and the 50-share NSE Nifty gained 11.90 points at 10,362.10.

The broader markets gained 0.2 percent. About 818 shares advanced against 358 declining shares on the BSE.

Cipla surged 3 percent post better-than-expected earnings.

Lupin was up 1.6 percent on short covering as company said it would try to resolve warning letter early.

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