BSE Sensex rises,Reliance Industries shares gain,auto shares fall

Bajaj Auto shares fall 1.5 percent after reporting a 10 percent fall in March vehicle sales.

The 50-share Nifty is up 0.44 percent,while the benchmark BSE Sensex is up 0.6 percent. The focus is now squarely on January-March earnings,with select blue-chip companies including Reliance Industries higher on optimism about performance.

Reliance Industries gains 1.7 percent. Barclays says that Reliance’s shrinking valuation premium to peers may be helpful in allowing the shares to track market performance in the near term.

Shares in Tata Motors fall 1.3 percent,a day after the company said its March passenger vehicle sales fell 27.6 percent.

Bajaj Auto shares fall 1.5 percent after reporting a 10 percent fall in March vehicle sales.

Police personnel seen to control the situation during a massive protest over the statehood demand and the inclusion of Ladakh under the Sixth Schedule, in Leh on Wednesday. (ANI Video Grab)

Statehood protest takes violent turn in Ladakh, BJP office set ablaze in Leh

India45 min ago

Protests in Ladakh turned violent as students and youth organisations demanded statehood and Sixth Schedule status. Two elderly protesters fainted, prompting a shutdown call. A BJP office and security vehicle were set on fire. Activist Sonam Wangchuk urged for a peaceful approach. The demand for Sixth Schedule status is due to Ladakh's tribal-majority population and direct central administration.

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