Updates for markets open
March 5 (Reuters) - India's benchmark indexes opened higher on Wednesday, led by information technology stocks and tracking other Asian peers as the U.S. Commerce chief hinted at some relief on Canada and Mexico tariffs.
The Nifty 50 .NSEI rose 0.27% to 22,142.2 by 9:22 a.m. IST, while the BSE Sensex .BSESN added 0.29% to 73,217.9.
Eleven of the 13 major sectors advanced at the open, with IT index .NIFTYIT rising 1.2%.
Coforge COFO.NS jumped 5.7% after signing a 13-year deal with Sabre Corp SABR.O valued at $1.56 billion.
The broader small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 gained 0.8% and 0.5%, respectively.
Most Asian markets gained on the day, with the MSCI Asia ex Japan .MIAPJ0000PUS adding 1%, on hopes of a partial roll-back of U.S. tariffs on Canada and Mexico. MKTS/GLOB
Investors are monitoring U.S. President Donald Trump's address to Congress for any cues into future tariff actions.
(Reporting by Vivek Kumar M and Bharath Rajeswaran in Bengaluru; Editing by Sumana Nandy and Janane Venkatraman)
((VivekKumar.M@thomsonreuters.com; bharath.rajeswaran@thomsonreuters.com))
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