On Thursday, Indian stock markets saw a moderate uptick following the release of minutes from the Federal Reserve's September meeting, which pointed towards potential rate reductions. The key S&P BSE Sensex climbed by 153 points, or 0.2%, reaching 81,620. Similarly, the broader NSE Nifty index increased by 31 points, or 0.1%, to 25,013.
Noteworthy amongst the gainers were Larsen & Toubro, Axis Bank, NTPC, Power Grid Corporation, and Kotak Mahindra Bank, each advancing by about 1%.
Conversely, Adani Enterprises saw a decline of 2.6% following the initiation of its first tranche of a Qualified Institutional Placement (QIP) issue aiming to raise $500 million.
Meanwhile, TCS experienced a slight gain, Tata Elxsi surged by 3.1%, and IREDA rose by 0.7% as investors anticipated their earnings reports.
GR Infraprojects made significant strides, soaring 4% after securing a contract valued at INR 904 crores from Maharashtra Metro Rail Corporation Ltd. in Nagpur. Simultaneously, PNC Infratech increased by 3.7% after being named the lowest bidder by the City and Industrial Development Corporation of Maharashtra (CIDCO) for an engineering, procurement, and construction (EPC) project.
