At 09:25 am, Sensex was trading 135 points higher at 35,578 while NSE's Nifty50 index topped 10,800-level to trade at 10,809.
Among individual stocks, Inox Wind slumped as much as 8.6 per cent after its auditor Patankar & Associates (P&A) resigned, citing time constraints due to other commitments and engagements. The company in a statement stressed that this is not a case of an abrupt resignation of statutory auditors because of any issues in the financial statements, or other corporate governance issues.
At 09:28 am, shares of the company were trading at Rs 91.20 apiece on NSE, down 2.04 per cent.
Shares of ICICI Bank were trading over 1 per cent lower at Rs 285.10 apiece on NSE after reports surfaced that the lender and its CEO Chanda Kochhar have come under the scanner of the US markets regulator SEC (Securities and Exchange Commission).
According to the sources, SEC is actively looking into the matter as ICICI Bank is listed in the US also and it may seek further details from its Indian counterpart the Securities and Exchange Board of India (Sebi), which has already issued show-cause notices to ICICI Bank and Kochhar as part of its probe, PTI reported.
According to the sources, SEC is actively looking into the matter as ICICI Bank is listed in the US also and it may seek further details from its Indian counterpart the Securities and Exchange Board of India (Sebi), which has already issued show-cause notices to ICICI Bank and Kochhar as part of its probe, PTI reported.
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