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Sensex, Nifty Marginally Higher In Lackluster Trade

Indian shares were moving higher in early trade on Tuesday, although underlying sentiment remained cautious after the release of weak business confidence and trade data.

The benchmark S&P BSE Sensex was up 89 points or 0.23 percent at 38,985 while the broader Nifty index was up 24 points or 0.20 percent at 11.611.

Yes Bank edged down slightly on reports that four private equity players are set to infuse capital in the private sector lender.

GAIL was rising on news the government is considering a plan to spin off the gas transmission business of the company.

Ashok Leyland tumbled 3 percent after temporarily shutting down its Pantnagar facility.

NTPC rose half a percent after raising Rs 4,300 crore through bonds.

Shriram Transport Finance advanced 0.7 percent on fund raising reports.

BHEL gained half a percent after foraying into logistics business.

Dr Reddy's Laboratories was little changed after a U.S. court upheld lower court rulings that the company did not infringe two patents of British drug maker Indivior related to Suboxone.

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