September 10, 2024

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Delighting finance buffs

Sensex, Nifty edge higher as focus shifts to earnings

The NSE Nifty 50 index rose 0.43{b1ee4ac4d8d7b8e1af61a560a11ca52574b8103b547ccac8037ce0cdf9e7ba58} to 10,756.40 by 9:15 am, while the benchmark S&P BSE Sensex was up 0.53{b1ee4ac4d8d7b8e1af61a560a11ca52574b8103b547ccac8037ce0cdf9e7ba58} at 36,519.94.

Shares of Tata Consultancy Services Ltd rose nearly 1{b1ee4ac4d8d7b8e1af61a560a11ca52574b8103b547ccac8037ce0cdf9e7ba58}, lifting the Nifty IT index 0.5{b1ee4ac4d8d7b8e1af61a560a11ca52574b8103b547ccac8037ce0cdf9e7ba58}. (Photo: Reuters)

HIGHLIGHTS

  • BSE Sensex was up by over 200 points during the morning trade session
  • NSE Nifty was slowy inching towards 10,800 points
  • The Nifty banking index rose as much as 0.78 per cent while metal index gained over 1.5 per cent

Indian shares edged higher on Thursday, helped by gains in metal and financial stocks and as focused shifted to the start of corporate earnings.

The NSE Nifty 50 index rose 0.43{b1ee4ac4d8d7b8e1af61a560a11ca52574b8103b547ccac8037ce0cdf9e7ba58} to 10,756.40 by 9:15 am, while the benchmark S&P BSE Sensex was up 0.53{b1ee4ac4d8d7b8e1af61a560a11ca52574b8103b547ccac8037ce0cdf9e7ba58} at 36,519.94.

Shares of Tata Consultancy Services Ltd rose nearly 1{b1ee4ac4d8d7b8e1af61a560a11ca52574b8103b547ccac8037ce0cdf9e7ba58}, lifting the Nifty IT index 0.5{b1ee4ac4d8d7b8e1af61a560a11ca52574b8103b547ccac8037ce0cdf9e7ba58}.

The IT services firm is due to report results later in the day, kicking off corporate earnings season for India Inc.

The Nifty banking index rose as much as 0.78{b1ee4ac4d8d7b8e1af61a560a11ca52574b8103b547ccac8037ce0cdf9e7ba58} while the Nifty metal index gained over 1.5{b1ee4ac4d8d7b8e1af61a560a11ca52574b8103b547ccac8037ce0cdf9e7ba58}.

Also Read | Sensex, Nifty rise for sixth straight session as IndusInd Bank climbs

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