Sensex, Nifty extend winning run for fourth day in a row; TCS spurts 5.47% on better Q1 show

Mumbai: Benchmark Sensex rose over 26 factors to shut at 36,265.93 on Wednesday, powered by a rally in IT bellwether TCS following better-than-expected quarterly outcomes.

TCS spurted 5.47 p.c to its lifetime excessive of Rs 1,979.60, a day after the nation’s largest software program exporter posted a 23.four p.c rise in consolidated web revenue for the June quarter.

Representational picture. Reuters.

Extending its successful run for the fourth day, the 30-share barometer, after opening on a powerful footing on optimistic shopping for by members, gathered momentum to the touch a excessive of 36,362.30.

Nonetheless, it shed some floor on profit-booking and slipped to the touch a low of 36,169.70, earlier than lastly ending at 36,265.93, up by 26.31 factors, or 0.07 p.c.

The 50-share NSE Nifty too closed at 10,948.30, up simply 1.05 factors, or 0.01 p.c, after transferring between 10,976.65 and 10,923.

In the meantime, home institutional buyers (DIIs) web purchased equities to the tune of Rs 293.96 crore, whereas overseas portfolio buyers (FPIs) offered shares price Rs 20.73 crore on Tuesday, provisional knowledge confirmed.

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