Indian Indices Close Slightly Higher as IT, OMC Stocks Offset Profit-Taking in Financials

MT Newswires Live
2025/06/11

Indian benchmark indices ended modestly higher on Wednesday, supported by gains in IT and oil marketing company (OMC) stocks amid positive global cues.

The BSE Sensex rose 101.72 points to 82,493.44, while the NSE Nifty 50 added 25.60 points to 25,129.85.

Equities traded higher earlier in the session, tracking gains across other Asian markets on signs of progress in US trade talks with India and China.

However, indices pared gains due to profit booking in financial and FMCG stocks. Mid- and small-cap segments also faced selling pressure amid a lack of fresh domestic triggers.

HCL Technologies (NSE:HCLTECH, BOM:532281) led Nifty gainers with a gain of over 3%, followed by Infosys (NSE:INFY, BOM:500209) and Tech Mahindra (NSE:TECHM, BOM:532755).

On the downside, Shriram Finance (NSE:SHRIRAMFIN, BOM:511218), Power Grid Corporation of India (NSE:POWERGRID, BOM:532898), and Adani Ports and Special Economic Zone (NSE:ADANIPORTS, BOM:532921) were among the top laggards.

In corporate news, Minda Corporation (NSE:MINDACORP, BOM:538962) signed a joint venture agreement with Japan-based Toyodenso to manufacture advanced automotive switches in India. The proposed JV will be 60% owned by Minda and 40% by Toyodenso.

Meanwhile, Hindustan Zinc (NSE:HINDZINC, BOM:500188) declared its first interim dividend of 10 Indian rupees per share for the financial year 2025-26, with June 17 set as the record date.

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