Sensex, Nifty rise on strong blue-chip earnings, IT gains

  • 📰 Reuters
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Indian shares edged higher on Wednesday following strong earnings from blue-chips Sun Pharmaceutical Industries and Adani Ports and SEZ (APSEZ), with IT stocks supporting gains.

The NSE Nifty 50 index rose 0.43% to 11,861.1 by 0350 GMT and the S&P BSE Sensex gained 0.48% to 40,451.57.

Drugmaker Sun Pharma and ports operator APSEZ were up 2.1% each after the companies reported upbeat profit for the September quarter.The Nifty banking and financial indexes slipped 0.5% and 0.6%, respectively, snapping two sessions of gains. India’s biggest lender State Bank of India fell 0.8% ahead of its earnings scheduled for later in the day.

Meanwhile, MSCI’s broadest index of Asia-Pacific shares outside Japan shed 0.6% on an agonisingly close U.S. Presidential race, especially in major battleground states.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

this is terrible news

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines