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Sensex, Nifty Give Up Early Gains

Indian shares gave up early gains to turn flat on Thursday as investors looked ahead to Reliance Industries' earnings announcement due post-market hours.

Mixed global cues also weighed on markets ahead of the Good Friday and Easter holidays.

The benchmark BSE Sensex was up 22 points at 39,297 in early trade, while the broader Nifty index was little changed at 11,791.

Wipro rose over 1 percent after delivering a mixed set of quarterly numbers.

Jet Airways slumped 27 percent as it suspended all operations, domestic and international, with immediate effect.

Rival InterGlobe Aviation rallied 3.4 percent and SpiceJet soared as much as 11 percent.

Vedanta dropped nearly 2 percent after announcing the appointment of Ajay Kumar Dixit as the CEO of its oil & gas arm, Cairn.

Bandhan Bank climbed 2 percent on receiving CCI approval for the proposed acquisition of Gruh Finance.

NBCC declined 1.8 percent on reports that it will submit revised bid to acquire Jaypee Infratech by April 25.

Jindal Steel and Power tumbled 2.8 percent after reporting its production and sales figures for the fourth quarter.

MindTree slipped 0.8 percent despite announcing a special dividend.

Reliance Industries jumped 2.4 percent on reports it is in stake sale talks with Saudi Aramco.

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