Updates for morning trade

By Bharath Rajeswaran and Vivek Kumar M

June 10 (Reuters) - Indian shares turned higher on Wednesday after a flat start, led by Reliance Industries, after Meta Platforms' META.O announcement of its first AI-enabled data centre partnership in India.

The benchmark Nifty 50 .NSEI rose 0.59% at 23,379.4, while the BSE Sensex .BSESN gained 0.7% to 74,436.6, as of 9:57 a.m. IST.

Reliance RELI.NS, the third-heaviest stock on the benchmarks, rose 2.1% after a Meta statement said the company will lease a data center the Mukesh Ambani-led company will build in India.

Eleven of the 16 major sectors logged gains. The broader small-caps .NIFSMCP100 and mid-caps .NIFMDCP100 traded flat.

Heavyweight financials .NIFTYFIN and private banks .NIFPVTBNK gained 0.6% each.

Metals .NIFTYMET fell 1.1%, with 14 of the 15 constituents in the red, as renewed Middle East hostilities and rising expectations of a Federal Reserve rate hike by year-end fueled demand concerns ahead of key U.S. inflation data due later in the day.

Meanwhile, fresh hostilities between the U.S. and Iran clouded hopes for a durable ceasefire and kept global markets on edge, after the U.S. launched strikes against Iran after President Donald Trump said that Tehran had downed a U.S. Apache helicopter in the Strait of Hormuz.

Broader Asian stock markets .MIAPJ0000PUS fell 1.8%, as Brent crude LCOc1 rose 0.5% to $92 a barrel after sliding to a seven-week low on Tuesday.O/R

"With sentiment remaining fragile due to the Middle East conflict and volatility in crude prices, we remain cautious on the benchmark index while focusing on stock-specific opportunities at this juncture," said Ajit Mishra, senior vice president of research at Religare Broking.

Afcons Infrastructure AFCN.NS jumped 9% after winning a 53 billion rupee order while CMR Green Technologies CMRG.NS opened at a 39.6% premium over its issue price in debut trade.

E-commerce platform Meesho MEES.NS gained 4% after Jefferies started its coverage of the stock with a "buy".