The Sensex is up 22.63 points at 28446.11, and the Nifty up 0.75 points at 8775.40. About 1389 shares have advanced, 1086 shares declined, and 145 shares are unchanged.
Adani Ports, Maruti Suzuki, Tata Motors, Asian Paints are top gainers while Reliance, Coal India, L&T, HUL and Infosys are losers in the Sensex. Dr Lal PathLabs is up 8 percent.
The trend in emerging markets in general and India in particular has been on the up and more long-term flows are expected to come in over the next few years, says Nandita Parker of Karma Capital.
In an interview with CNBC-TV18, Parker said the Indian economy was in the midst of a broad-based revival and that the government’s reform drive had picked up pace, and this bodes well for prospects of shares.
She also discussed her views on various sectors, such as telecom and cement.