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BENGALURU: Indian shares were marginally higher at open on Tuesday, led by financial stocks, while the small-cap index jumped due to a 15% surge in Amara Raja Energy.
The NSE Nifty 50 index was up 0.25% at 23,600 as of 09:23 a.m. IST, and the S&P BSE Sensex increased 0.3% to 77,554.
The domestically focussed small-cap index jumped 1%, led by gains in Amara Raja Energy and Mobility.
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Amara Raja’s shares advanced 15% after the battery maker signed a licensing agreement with a unit of China-based Gotion High Tech to produce lithium-ion batteries in India.
Financial stocks gained 0.4%, while metal stocks rose 0.5% and was the top sectoral gainer.
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