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Indian shares end firmer; IT, media stocks lead

Thursday,   16-May-2019   04:18 PM (IST)

Indian shares closed higher in volatile trade on Thursday, with gains led by media and IT stocks, while Bajaj Finance Ltd’s upbeat March-quarter earnings lifted sentiment. The benchmark BSE index closed up 0.75% at 37,393.48. The broader NSE index ended 0.9% higher at 11,257.10. Both indexes posted their second gain in 12 sessions. Bajaj Finance’s 50% surge in quarterly profit took the non-banking financial company’s stock to its best close in nearly a fortnight. Zee Entertainment Enterprises closed up 7.24%, while Infosys Ltd ended 2.4% higher.