Sensex, Nifty Open Higher As Financials Surge
(RTTNews) - Indian shares were slightly higher in cautious trade on Thursday, with financials leading the surge.
The benchmark S&P/BSE Sensex rose by 290 points, or 0.4 percent, to 78,796 in early trade, extending its upward movement for the second straight session of 2025. The broader NSE Nifty index was up 86 points, or 0.4 percent, at 23,829.
Financials traded higher, with Kotak Mahindra Bank, Bajaj Finance and Bajaj FinServ climbing 2-3 percent.
RailTel Corporation jumped 6 percent after securing a Rs 78.43 crore order from Bharat Coking Coal.
Goa Carbon surged 6.4 percent after its Bilaspur unit in Chhattisgarh resumed operations.
NMDC rose about 1 percent as it reported a 5.1 per cent rise in December 2024 production.
Ambuja Cements gained half a percent after it received regulatory approval for its merger with Adani Cementation.
Ashoka Metcast fell 2.2 percent as Dipak Pandit Nikam stepped down as Chief Financial Officer of the company.
Ugro Capital climbed 1.1 percent after it agreed to acquire shares in Bangalore-based fintech platform MyShubhLife.
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