Indian shares were trading firm tracking positive regional equities. Asian shares were trading in green while US share markets ended at fresh record highs ahead of the Fed meet today. Federal Reserve officials’ comments eased some concerns that the central bank could start reducing its stimulus program.

Shares of IT companies surged in the morning trade after a US Senate panel passed immigration bill. TCS (Rs 1503.90, 0.73%), Infosys (Rs 2423.00, 1.07%), Wipro (Rs 340.80, 0.55%), HCL Tech (Rs 750.35, 1.92%) and Mahindra Satyam (Rs 113.35, 4.86%)

Tech Mahindra’s Q4 consolidated net profit grew by 37%Q-o-Q to Rs 377.2 crore. The stock is up 7 percent.  Prestige Estates jumped 2 percent higher after company’s Q4 net profit jumped 2.34 times year-on-year to Rs 89 crore.

Heidelberg Cement okays sale of Raigad Cement to JSW Group. Zee Learn GDR issue fully subscribed. USD 20 million GDR issue for overseas investor closed for subscription yesterday JK Paper’s Q4 net profit rose by 90.9% Y-o-Y to Rs 21 crore. The stock was trading marginally in green.

Indian shares were trading firm tracking positive regional equities. Asian shares were trading in green while US markets ended at fresh record highs ahead of the Fed meet today. Federal Reserve officials’ comments eased some concerns that the central bank could start reducing its stimulus program.

At 09.56 hrs IST, the Sensex was up 65.63 points or 0.33% at 20177.24, and the Nifty was up 18.55 points or 0.30% at 6132.65. About 716 shares advanced, 467 shares declined, and 70 shares were unchanged.

Key gainers in the Nifty were HCL Tech (Rs 750.00, 1.81%), Coal India (Rs 312.15, 1.51%), Reliance Infra (Rs 420.80, 1.32%), Infosys (Rs 2,427.25, 1.24%) and SBI (Rs 2,387.00, 1.11%) Laggards included DLF (Rs 236.60, 1.76%), Hero Motocorp (Rs 1,668.15, 0.93%), Bank of Baroda (Rs 729.90, 0.74%), Jaiprakash Associates (Rs 76.25, 0.72%) and Bajaj Auto (Rs 1,841.25, 0.68%…

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