AGL 8.30 Increased By ▲ 0.44 (5.6%)
ANL 10.59 Increased By ▲ 0.24 (2.32%)
AVN 78.60 Increased By ▲ 0.70 (0.9%)
BOP 5.45 Increased By ▲ 0.06 (1.11%)
CNERGY 5.59 Increased By ▲ 0.58 (11.58%)
EFERT 80.25 Decreased By ▼ -0.55 (-0.68%)
EPCL 69.60 Increased By ▲ 1.50 (2.2%)
FCCL 15.30 Increased By ▲ 0.74 (5.08%)
FFL 6.53 Increased By ▲ 0.33 (5.32%)
FLYNG 7.18 Increased By ▲ 0.53 (7.97%)
GGGL 10.85 Increased By ▲ 0.27 (2.55%)
GGL 16.79 Increased By ▲ 0.38 (2.32%)
GTECH 8.14 Increased By ▲ 0.02 (0.25%)
HUMNL 7.04 Increased By ▲ 0.02 (0.28%)
KEL 2.99 Increased By ▲ 0.11 (3.82%)
LOTCHEM 30.77 Increased By ▲ 2.24 (7.85%)
MLCF 28.98 Increased By ▲ 2.03 (7.53%)
OGDC 82.75 Increased By ▲ 0.60 (0.73%)
PAEL 16.97 Increased By ▲ 0.32 (1.92%)
PIBTL 6.08 Increased By ▲ 0.24 (4.11%)
PRL 18.10 Increased By ▲ 1.35 (8.06%)
SILK 1.15 Increased By ▲ 0.05 (4.55%)
TELE 11.25 Increased By ▲ 0.28 (2.55%)
TPL 9.20 Decreased By ▼ -0.02 (-0.22%)
TPLP 19.88 Increased By ▲ 0.22 (1.12%)
TREET 26.46 Increased By ▲ 0.55 (2.12%)
TRG 94.60 Increased By ▲ 0.99 (1.06%)
UNITY 19.50 Increased By ▲ 0.50 (2.63%)
WAVES 14.34 Increased By ▲ 0.78 (5.75%)
WTL 1.30 Increased By ▲ 0.06 (4.84%)
BR100 4,187 Increased By 80.1 (1.95%)
BR30 15,474 Increased By 343.5 (2.27%)
KSE100 42,096 Increased By 670.9 (1.62%)
KSE30 15,883 Increased By 222.7 (1.42%)

BENGALURU: Indian shares eked out gains in a choppy session on Thursday as a jump in metal and energy stocks helped offset losses in IT major Wipro and private sector banks. The blue-chip NSE Nifty 50 index closed up 0.25% at 18,257.80 and the benchmark S&P BSE Sensex ended 0.14% higher at 61,235.30.

Both indexes have clocked gains for five straight sessions and are up more than 5% this year.

“We had a good run in the lead up to IT results, and investors are now reviewing things; as more earnings come in, moves are going to be reactionary instead of (being) proactive,” said Anand James, chief market strategist at Geojit Financial Services.

The Nifty metal index gained a second straight day, adding 3.5%, on the back of firm commodity prices in the global market.

Shares in Tata Steel and JSW Steel rose 6.5% and 4.7%, respectively, and were the top gainers on the Nifty 50 index.

The Nifty energy index extended gains for a fifth session, closing 1.2% higher.

Tech giants Infosys and Tata Consultancy Services closed up around 1% each, a day after Infosys lifted its full-year revenue outlook and TCS reported a 12.3% rise in quarterly profit.

However, rival IT firm Wipro lost 6%, the most on the Nifty, after posting a near-flat net profit.

Private sector lenders HDFC Bank and Kotak Mahindra Bank slipped more than 1% each and were among the top losers on the blue-chip index.

Tata Motors settled up 1% after falling as much as 1.6% earlier in the session, while Nazara Technologies closed up 3% after it said its unit will buy retailer Superhero Brands. Meanwhile, India recorded 247,417 new COVID-19 cases, the most since late May.

Comments

Comments are closed.