BSE Sensex and the Nifty rises up by 1 per cent each
Photo Courtesy: PTI
Mumbai: BSE Sensex and the Nifty rises up by 1 per cent each. IT outsourcers recover from steep falls on Wednesday after Tata Consultancy Services Ltd and HCL Technologies Ltd post better-than-expected earnings.
TCS gains and HCL Tech are up around 1 percent each. Gains also track higher Asian rivals after comments from Fed Chair Janet Yellen stressing the need to deliver continued policy stimulus.
Among blue chips, ICICI Bank gains 3.12 per cent, while Tata Motors is up 3.7 per cent. However, overseas investors sold Indian shares worth of 446.9 million rupees ($7.4 million) on Wednesday, provisional exchange data shows, marking their third consecutive session of outflows.
( Source : reuters )
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