BENGALURU: Indian shares held steady on Thursday, supported by private lender IndusInd Bank after its quarterly profit surged, while technology stocks slid on weak results from IT services firm Wipro.

The NSE Nifty 50 index was mostly unchanged at 16,530, as of 0403 GMT, while the S&P BSE Sensex was up 0.08% at 55,441.51.

Both the indexes closed at a more than six-week high on Wednesday Shares of IndusInd Bank added 4.8% after reporting a strong quarterly profit.

Tech, energy stocks propel Indian shares to over six-week high

Wipro fell as much as 2% after its June-quarter profit declined about 21%.

The Nifty IT index was the top drag, falling 0.7%.