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BENGALURU: Indian shares inched higher on Tuesday, tracking Asian peers and helped by gains in automobile and energy stocks, while strong corporate earnings drove outperformance in small and mid-cap stocks over the benchmarks.
The NSE Nifty 50 was up 0.2% at 22,692 as of 9:33 a.m. IST, while the S&P BSE Sensex added 0.11% to 74,752.31.
Nifty auto gained 1.6% to lead gains in the blue-chips, while the energy index rose 0.4%.
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The Nifty small and mid-cap indexes gained 0.5% each, driven by strong earnings of some of its components.