IT stocks lead rise in Indian shares; Bajaj Finance caps index gains
Friday,
26-Apr-2024
10:00 AM (IST)
India's benchmark indexes opened higher led by information technology stocks, which were boosted by Tech Mahindra after it unveiled a turnaround plan, while a fall in shares of Bajaj Finance after its quarterly results capped gains. The Nifty was up 0.10% at 22,592.80 as of 9:48 a.m. IST, while the Sensex added 0.11% to 74,422.89. IT index rose about 2%, the most among the major sectors. Tech Mahindra surged 13% and was the top Nifty 50 gainer after the company announced a three-year business plan. Non-bank lender Bajaj Finance dropped 5.25% after its quarterly results, to be the top Nifty 50 loser and dragging the highest-weighted financial services index 0.2% lower.
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