Tue Nov 12 04:09:56 UTC 2024: ## Indian Markets Mixed as Vedanta Reports Strong Q2 Profit

**New Delhi, Nov 11, 2024:** Indian equity benchmarks, Sensex and Nifty, climbed in early trade on Tuesday, driven by positive news from the metals sector. Leading miner Vedanta Ltd. announced a strong Q2 net profit of Rs 4,352 crore, boosting investor sentiment. This follows a trend of strong performance in the metals sector, with other companies such as Tata Steel and Hindustan Copper also reporting robust earnings.

However, the market witnessed mixed performance in other sectors. While Wipro saw a 21.2% surge in Q2 profit and announced a 1:1 bonus share, Maruti’s shares plunged by 4% after their Q2 earnings dipped. JSW Steel saw a significant 85% decline in Q2 profit despite a 7% increase in output.

The tourism sector remains positive with India’s Tourism Minister calling on the Indian diaspora in the UK to embrace the “Chalo India” campaign. Meanwhile, Inox Wind has secured an 87 MW wind energy project, adding to the positive developments in the renewable energy sector.

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