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Indian Shares Rise On Auto, Metals Boost; Zomato Jumps Nearly 7%

The NSE Nifty 50 index was up 0.13 per cent at 16,236.35, while the S&P BSE Sensex rose 0.14 per cent to 54,365.34

Photo Credit : Reuters

1645526686_pCnA0c_nse_reuters.jpg

Indian shares rose slightly on Tuesday, helped by automobile and metal stocks, with investors eyeing the listing of logistics firm Delhivery.

The NSE Nifty 50 index (.NSEI) was up 0.13 per cent at 16,236.35, while the S&P BSE Sensex rose 0.14 per cent to 54,365.34.

Nifty's auto index and metals index were up 0.5% and 0.9%, respectively. Mahindra and Mahindra (MAHM.NS) was the top gainer on the Nifty 50 index, advancing 1.3 per cent.

Zomato (ZOMT.NS) rose 6.8 per cent in early trade after the company, late on Monday, reported a 75% increase in quarterly revenue, as new customers propelled a surge in order volumes. read more

Investors are also keeping a watch on SoftBank-backed (9984.T) Indian logistics startup Delhivery's listing on domestic stock exchanges on Tuesday.

(Reuters)


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