Indian shares inch higher, blue-chip earnings in focus

BENGALURU, April 27 (Reuters) - Indian shares edged up on Tuesday ahead of a slew of earnings reports from blue-chip companies, including Maruti Suzuki India, with gains led by Reliance Industries and IT stocks.

The NSE Nifty 50 index rose 0.27% to 14,524 by 0350 GMT, while the benchmark S&P BSE Sensex was up 0.25% at 48,507.4. The indexes had registered their third straight weekly loss last week on concerns over surging coronavirus cases in the country.

Nifty 50 components Maruti Suzuki India, Axis Bank , Britannia Industries and Bajaj Finance are set to report their quarterly results later in the day.

Meanwhile, Asian shares slipped ahead of the keenly watched two-day Federal Reserve meeting on interest rates, beginning Tuesday. (Reporting by Chris Thomas in Bengaluru; editing by Uttaresh.V)