Benchmark indices were higher in pre-opening trade on Wednesday, continuing upside for third consecutive session.
ICICI Securities share price settled at Rs 435 in pre-opening trade on the NSE, down 16 percent from issue price of Rs 520.
State-owned steel company Mishra Dhatu Nigam share price settled at Rs 87 in pre-opening, down 3.3 percent from issue price of Rs 90.
JSW Steel has posted highest every monthly, quarterly and annual crude steel production.
"The monthly production of 1.52 million tonnes for March signifies a capacity utilisation of 101 percent. With this the company achieved 99 percent of production guidance of 16.5 million tonnes, given at the beginning of FY18," the company said.
Tata Motors share price rallied more than 3 percent after Jaguar Land Rover's March US sales increased 10.2 percent to 14,232 units compared to 12,918 units sold in year-ago.
The growth was largely driven by Land Rover US sales that jumped 37.8 percent to 10,972 units, but Jaguar US sales fell 34.2 percent to 3,260 units YoY.
The three major US stock indexes ended higher after a choppy session on Tuesday as investors looked forward to earnings season while the S&P 500 pushed above a key support level, Reuters reported.
The Dow Jones Industrial Average rose 389.17 points, or 1.65 percent, to 24,033.36, the S&P 500 gained 32.57 points, or 1.26 percent, to 2,614.45 and the Nasdaq Composite added 71.16 points, or 1.04 percent, to 6,941.28.
Asian markets were mixed in early Wednesday trade as Japanese stocks tracked gains seen on Wall Street overnight on a bounce in large cap technology names.
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