IRONORE/ Capping losses, Asian Paints ASPN.NS surged 8.6% and agrochemicals maker UPL UPLL.NS rose more than 5% after reporting jumps in quarterly profit. Data released after market hours on Wednesday showed Indian inflation eased to a three-month low in April, but experts warned that lockdowns to contain the surge in coronavirus cases risk creating supply bottlenecks that could fuel price pressures in coming months. Nifty components Larsen & Toubro LART.NS, Cipla CIPL.NS and Dr Reddy's Laboratories REDY.NS are scheduled to report results on Friday.