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FX.co ★ Sensex, Nifty Modestly Higher; IT Stocks Top Gainers

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typeContent_19130:::2024-06-12T05:18:00

Sensex, Nifty Modestly Higher; IT Stocks Top Gainers

Indian equities commenced trading on an optimistic note on Wednesday, buoyed by mixed signals from global markets.

The benchmark S&P BSE Sensex rose by 290 points, or 0.4%, reaching 76,746, while the broader NSE Nifty index increased by 93 points, or 0.4%, to 23,357.

LTIMindtree appreciated by 1.4% following the inauguration of its regional headquarters in Riyadh, Saudi Arabia.

Tata Consultancy Services (TCS) saw a gain of 0.7% after launching a new Internet of Things (IoT) engineering lab in Ohio, USA.

Similarly, Wipro advanced by 1.2% after unveiling its Lab45 AI platform, which leverages Generative AI, machine learning, and deep learning technologies.

HCL Technologies surged by 1.4% after securing a $278 million contract from Germany's largest cooperative primary bank, apoBank.

Reliance Power experienced a significant rise of 7% after announcing that it has achieved debt-free status on a standalone basis.

B.L. Kashyap and Sons saw a rally of 2.6% upon winning two new orders valued at approximately Rs 1,021 crore.

TVS Supply Chain Solutions soared by 7.2% after entering into a five-year strategic contract with Daimler Truck Southeast Asia.

Patanjali Foods gained 0.7% amid considerations of a proposal from Patanjali Ayurved to sell its non-food business to Patanjali Foods.

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