Indian shares extend gains into 3rd session; TCS, Infy lead

November 29, 2018 / in.investing.com / Article Link

* NSE index end up 0.4 pct, BSE index 0.6 pct higher

* Nifty IT index up 2.9 pct, Yes Bank top pct loser

Nov 28 (Reuters) - Indian shares closed higher for the third straight session on Wednesday, helped by IT stocks such as Tata Consultancy Services Ltd TCS.NS and Infosys Ltd INFY.NS , although investor sentiment was cautious ahead of the expiry of futures and options contracts later this week.

The broader NSE index .NSEI closed 0.4 percent higher at 10,728.85, while the benchmark BSE index .BSESN ended up 0.57 percent at 35,716.95.

The Nifty IT index .NIFTYIT gained 2.9 percent with TCS rising about 5 percent and Infosys adding 4.3 percent.

Meanwhile, state-run lenders fell with the Nifty PSU bank index .NIFTYPSU shedding nearly 2 percent. Punjab National Bank PNBK.NS lost 3.9 percent, while Bank of Baroda Ltd BOB.NS declined 3.9 percent.

Private-sector lender Yes Bank Ltd YESB.NS lost the most on both indexes, ending 11.3 percent lower.

For the mid-day report, click

Recent News

Gold stocks rise but lag broader equity gains

January 20, 2025 / www.canadianminingreport.com

Wesdome, Seabridge and Skeena report outstanding drill results

January 20, 2025 / www.canadianminingreport.com

Smaller juniors still financed even in more cautious market

January 13, 2025 / www.canadianminingreport.com

Gold stocks shrug off equity market decline on metal gain

January 13, 2025 / www.canadianminingreport.com

Geopolitical risk outlook unclear after US election

January 06, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok