Indian shares close higher on broad-based rally
(Il Sole 24 Ore Radiocor) - Milano, 10 apr - Indian share prices closed higher, driven by a broad-based rally in financial stocks as market sentiment was supported by global gains, a strengthening rupee, and easing oil prices below 100 dollars per barrel amid hopes for an Iran-US ceasefire.
While IT stocks declined, weighed down by the 2.55% fall of TCS shares despite the company reporting a rise in revenue and net profit, the broader market outperformed with gains led by the financial, small-cap, and mid-cap sectors.
The BSE Sensex jumped 1.19% to close at 77,550.25 points,.
while the NSE Nifty gained 1.16% to reach 24,050.60 points.
(RADIOCOR) 10-04-26 12:31:50 (0294) 5 NNNN