Sensex, Nifty Marginally Higher In Early Trade


 Indian shares opened largely unchanged on Wednesday as investors looked ahead to the RBI's monetary policy decision on Thursday for directional cues.

The benchmark BSE Sensex was marginally higher at 33,377 in early trade after ending Tuesday's choppy session slightly higher. The broader Nifty index was also little changed at 10,246.

Asian stock markets are trading mixed after China's commerce ministry said it was preparing to adopt countermeasures of "the same intensity and same scale" as the U.S.

Tata Motors rallied 3.5 percent after its luxury arm Jaguar Land Rover India announced the launch of at least ten new products in the next financial year.

Zensar Technologies jumped 5.6 percent on securing a four-year deal worth $79 million from the City of San Diego for network services.

Akzo Nobel India climbed 5 percent ahead of a board meeting this week to consider a share buyback.

Reliance Industries rose half a percent as Jio payments Bank commenced operations.

Coal India dropped 1 percent on news that it would invest Rs 20,000 crore in logistics to become self-sufficient in coal movement.

ICICI Bank fell 1.2 percent on concerns over propriety and conflict of interest with regard to the Videocon bank loan case.

JSW Steel slid half a percent after buying 26 percent stake in Numetal's India arm.