Indian Shares Rise for Third Session as IT Stocks Rebound
Indian shares rose for a third session on Wednesday as IT and auto stocks led gains. Easing oil prices and positive brokerage reports supported the recovery.
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Equity markets in India continued their recovery for a third consecutive session on Wednesday, buoyed by a significant rebound in information technology stocks and a slight cooling of global oil prices. The Nifty 50 index advanced 0.45% to reach 23,686, while the BSE Limited Sensex also climbed 0.45% to close at 76,415.29. This positive momentum was mirrored across broader markets, with both small-cap and mid-cap indices rising by 1.3%.
