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Sensex climbs 250 pts, Nifty above 21,700; IT bluechips in focus ahead of earnings
Indian benchmark equity indices opened higher for the third consecutive day on Thursday, tracking a rebound in Asian stocks. Investors are awaiting quarterly results and a key US inflation reading for cues on interest rates. The BSE Sensex was trading 284 points or 0.40% higher at 71,942, while Nifty50 was trading at 21,706 up 88 points or 0.41%. IT stocks will be in focus as TCS and Infosys are due to report quarterly results. Asian stocks rose on Thursday ahead of US inflation data.