Sensex, Nifty rise in opening trade, RIL shares jumps over 2%

The benchmark BSE Sensex and Nifty 50 rises in early trade, Tuesday, 25 April 2017. A win for the presidential candidate in the first round of French elections set off a relief rally worldwide.  

At 10:15 am, the BSE Sensex was trading at 29,807 up 152.11 points, while the broader Nifty50 was ruling at 9,261 up 43.45 points. In the broader market, BSE Mid-cap gained 0.81% while BSE Small-cap was up 0.65%. 

The shares of RIL and Biocon rise, while JK Tyre and Oberoi Realty fall in the morning hours. Reliance (RIL) gained nearly 2% after the company reported record annual earnings for the financial year 2016-17, riding high on refining and petrochemicals niche. 

The market is also looking out for a number companies which will report their earnings today, including Wipro Ltd,  IDFC Bank, Mahindra & Mahindra Financial,  ICICI Prudential Life Insurance, among others.