<p>Shares were slightly higher on Thursday, but sentiment was subdued ahead of the expiry of derivatives contracts and as investors awaited March-quarter results from private sector lenders Axis Bank and YES Bank.</p>.<p>The broader NSE Nifty was at 10,570.65, while the benchmark BSE Sensex was 0.20% higher at 34,571.78 at 2.30 pm.</p>.<p>“There is caution given the F&O expiry and stock specific moves will continue in the earnings season. Global macros are also worrisome,” said Siddharth Sedani, vice president - head equity advisory at Anand Rathi.</p>.<p>The 10-year US Treasury yield set a fresh four-year high of 3.035% on Wednesday, driven by worries about the growing supply of government debt and inflationary pressures from rising oil prices. But, robust corporate earnings helped quell concerns and Asian shares gained.</p>.<p>Software services exporter Wipro was among the biggest drags on the NSE index after its fourth-quarter profit missed estimates and guidance for the first quarter failed to please investors. Shares fell as much as 4.6%, their biggest fall since September 14.</p>.<p>Axis Bank fell 1.2% as analysts expected the bank to report a fall in profit, while YES Bank was marginally higher at 0.3% amid expectations of higher profit.</p>.<p>Shares of Mahindra & Mahindra Financial Services rose over 5% to a record high after profit surged in the fourth quarter.</p>
<p>Shares were slightly higher on Thursday, but sentiment was subdued ahead of the expiry of derivatives contracts and as investors awaited March-quarter results from private sector lenders Axis Bank and YES Bank.</p>.<p>The broader NSE Nifty was at 10,570.65, while the benchmark BSE Sensex was 0.20% higher at 34,571.78 at 2.30 pm.</p>.<p>“There is caution given the F&O expiry and stock specific moves will continue in the earnings season. Global macros are also worrisome,” said Siddharth Sedani, vice president - head equity advisory at Anand Rathi.</p>.<p>The 10-year US Treasury yield set a fresh four-year high of 3.035% on Wednesday, driven by worries about the growing supply of government debt and inflationary pressures from rising oil prices. But, robust corporate earnings helped quell concerns and Asian shares gained.</p>.<p>Software services exporter Wipro was among the biggest drags on the NSE index after its fourth-quarter profit missed estimates and guidance for the first quarter failed to please investors. Shares fell as much as 4.6%, their biggest fall since September 14.</p>.<p>Axis Bank fell 1.2% as analysts expected the bank to report a fall in profit, while YES Bank was marginally higher at 0.3% amid expectations of higher profit.</p>.<p>Shares of Mahindra & Mahindra Financial Services rose over 5% to a record high after profit surged in the fourth quarter.</p>