Sensex, Nifty Trade Higher With IT Stocks In Focus
From Nasdaq:
Indian shares traded higher on Friday as investors awaited key earnings and IIP and CPI data. Global cues were mixed following cautious comments from Fed officials. The S&P BSE Sensex was up 0.6 percent, while the NSE Nifty index rose half a percent. Infosys and TCS saw significant gains after reporting better-than-expected earnings. Wipro and HCL Technologies also surged ahead of their earnings results. IRCTC, IRFC, and RVNL rose on expectations of benefiting from the inauguration of Ram Mandir. UltraTech Cement fell 1 percent on news of acquiring a stake in Amplus Ages. HG Infra jumped after being declared L-1 bidder for a project worth Rs 716 crore.
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