Indian stock benchmarks rise on earnings and MSCI changes
pre-market1 source ↓written by the desknot a recommendation
- 0.13%
- 25,633
- gaining
- 0.27%
- 83,680.25
- rose
- 1.6%
Indian stock benchmarks inched higher on Thursday, with the Nifty 50 up 0.13% to 25,633 and the BSE Sensex gaining 0.27% to 83,680.25. Strong quarterly results from State Bank of India, Mahindra & Mahindra, and Britannia Industries supported the upward movement. Additionally, the inclusion of four local firms in a key MSCI index bolstered market sentiment.
• Mahindra & Mahindra rose 1.6%
• Britannia Industries jumped 3.4%
• State Bank of India increased 1%
Overall, nine of the sixteen major sectors advanced, indicating positive market momentum.
Not investment advice. For informational purposes only.