Sensex, Nifty Modestly Higher; IT Stocks Lead Gains

From Nasdaq: 2025-05-29 00:22:00

Indian shares opened higher as Nvidia’s positive outlook on artificial intelligence growth boosted investor sentiment. The S&P BSE Sensex rose by 0.2% to 81,480, while the NSE Nifty index increased by 0.2% to 24,803. Tech Mahindra, Eternal, and Infosys all saw gains of around 1%. Natco Pharma surged 2.3% in Q4 performance. IRCTC reported a 26% increase in Q4 net profit, leading to a 1% rise in its share price. SAIL’s fourth-quarter profit rose by 11%, pushing its shares up by 1%. Deepak Nitrate also saw a 1.4% increase in Q4 revenue. Bajaj Auto was slightly lower ahead of its earnings release.



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