Equites in the green on global cues, Tata Motors up 4.5 pc

Mumbai: Equity benchmark indices ruled higher during early hours on Monday following positive sentiment after US President Donald Trump outlined the first phase of a deal to end the trade war with China.
He suspended a threatened tariff hike last week, though officials on both sides said much more work needs to be done.
At 10:15 am, the BSE S&P Sensex was up by 93 points at 38,221 while the Nifty 50 edged higher by 30 points to 11,335. All sectoral indices at the National Stock Exchange were in the green except for Nifty IT which slipped by 0.8 percent. The nifty metal was up by 1.6 percent and realty by 1.3 percent.
Among stocks, Tata Motors gained by 4.5 percent at Rs 126.75 per share while Bajaj Auto was up by 1.7 percent. Metals stocks were on upbeat mood with Vedanta jumping by 3.2 percent, Tata Steel by 2.9 percent and JSW Steel by 2.3 percent.
The other prominent gainers were Sun Pharma, IndusInd Bank and oil marketing majors like IndianOil Corporation and Bharat Petroleum Corporation.
However, tech major Infosys lost by 2.7 percent. UPL, Cipla, Zee Entertainment, Power Grid Corporation and Bharti Infratel too were in the red.