US STOCKS-Wall St rises as bank stocks jump; healthcare vote eyed
* Indexes up: Dow 0.14 pct, S&P 0.19 pct, Nasdaq 0.17 pct (Adds details, changes comment, updates prices)
MUMBAI, Jan 21 IDFC cut its ratings on Reliance Industries Ltd to 'neutral' from 'outperform', citing valuation concerns after a recent rally in shares of the energy conglomerate. The brokerage said Reliance's current share prices are already factoring in "healthy" gross refining margins, better petrochemicals spreads and a rise in exploration and production volumes. Reliance on Friday posted its first profit increase after four quarters of declining returns, buoyed by improving margins in its core oil refining business. Reliance shares were up 3.75 percent at 934 rupees as of 0512 GMT. (Reporting by Manoj Dharra and Abhishek Vishnoi; Editing by Rafael Nam)
* Dow up 0.02 pct, S&P up 0.01 pct, Nasdaq off 0.07 pct (Updates to open)
March 23 Wall Street opened slightly lower on Thursday amid signs that President Donald Trump is struggling to get enough votes to pass a healthcare bill in Congress.