India, May 5 -- Indian shares were trading higher on Monday as firm cues from global markets helped offset disappointing earnings from the banking sector.
The benchmark S&P/BSE Sensex edged up by 335 points, or 0.4 percent, to 80,837 in early trade while the broader NSE Nifty index rose by 129 points, or half a percent, to 24,475.
Tata Motors jumped 1 percent after its board approved the issuance of non-convertible debentures (NCDs) worth up to Rs 500 crore.
IRCON International rallied 3.3 percent on winning a new work order worth Rs 458.14 crore from Northeastern Electric Power Corporation.
Mahindra & Mahindra was up 0.6 percent and Indian Hotels Company climbed 1.8 percent ahead of their earnings results due today.
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