Indian Stock Market Update
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Indian Stock Market Update
Indian Stock Market Update
Indian benchmark equity indices Sensex and Nifty ended marginally higher on Thursday after erasing earlier gains. Sensex closed at 71,721.18, up 63.5 points, while the Nifty ended 0.2% higher at 21,661.25. IT stocks were weak ahead of earnings announcements by TCS and Infosys. Investors await Q3 results from major IT companies, marking the beginning of the earnings season for the December quarter. The Indian rupee ended flat at 83.03 per US dollar. Auto stocks outperformed, with Nifty Auto gaining over 1%. Midcaps and smallcaps saw 0.7% gains. Reliance, Ultratech, and Axis Bank were the top gainers on the Sensex.
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