Markets were also tracking developments in Afghanistan, with the deteriorating situation in the capital Kabul having eclipsed overnight strength on Wall Street
The company is also among five Indian drugmakers that will jointly conduct a clinical trial in the country for Merck & Co's experimental anti-viral drug to treat mild COVID-19
The blue-chip NSE Nifty 50 index rose 0.4% to 14,540 and the benchmark S&P BSE Sensex was up 0.2% at 49,507.12 by 0350 GMT. The Nifty and Sensex rose 1.7% on Tuesday.