Sensex and Nifty Surge Ahead of IT Earnings

11 Jan 2024 , 01:48 AM

Equity benchmark indices Sensex and Nifty show positive momentum ahead of key earnings from IT giants TCS and Infosys.

RIL and private bank stocks lead the gainers in today’s trading session, indicating overall market strength.

Sensex trades at Rs 71,780, reflecting a 0.17% increase from the previous close, while Nifty stands at Rs 21,664, marking a 0.21% rise.

Mahindra and Mahindra (M&M) and Mahindra Susten plan to reduce their shareholding in Sustainable Energy Infra Trust to 10.5% and 15%, respectively, through a primary issue and offer-for-sale.

Before the offer, the company and Mahindra Susten hold 15.7% and 73.9% stakes in Sustainable Energy Infra Trust.

M&M introduces the all-electric XUV400 pro range, with prices starting at Rs 15.49 lakh.

Mahindra and Mahindra finalizes agreements with International Finance Corporation (IFC), India Japan Fund (IJF), and Mahindra Last Mile Mobility Limited. IJF commits to investing Rs 400 crores in MLMML in one or more tranches.

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