On the 30-stock Sensex, Infosys, HCL Technologies, Bajaj Finance, Asian Paints and Tata Motors Passenger Vehicles led the gainers, advancing between 1% and 2.5%.
The heavyweight IT index climbed 1.6%, topping sectoral charts, as software exporters, who earn a large share of their revenue from the U.S., benefited from improving global sentiment.
Broader markets also firmed up, with the midcap and smallcap indices rising 0.5% and 0.4%, respectively.
Among individual movers, beauty retailer Nykaa jumped 5.8% after its quarterly profit more than tripled on strong demand.
Bucking the trend, apparel retailer Trent slumped 7.4% after reporting its slowest quarterly revenue growth since 2021.
Eyewear retailer Lenskart Solutions made a choppy debut, listing 3% below its issue price before recovering to close 0.3% higher from its IPO price, as investors weighed its steep valuation.
Top reads of the day
Groww IPO Allotment Today Live: How to check allotment status on BSE & MUFG. GMP shows 3% listing gains
The IPO of Billionbrains Garage Ventures, the parent company of Groww, witnessed strong investor interest, being subscribed to 17.6 times across all categories. With bidding closed, investors now await the allotment results on Monday. Shares are likely to be credited by Tuesday, November 11, ahead of the listing on Wednesday, November 12. The allotment status can be checked on the BSE website or MUFG Intime India’s portal.
Global markets Updates
- The Stoxx Europe 600 rose 1.4% as of 10:37 a.m. London time
- S&P 500 futures rose 1%
- Nasdaq 100 futures rose 1.5%
- Futures on the Dow Jones Industrial Average rose 0.4%
- The MSCI Asia Pacific Index rose 0.8%
- The MSCI Emerging Markets Index rose 1.2%