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Sensex, Nifty rise as ICICI, Infosys lead gains
Photo Credit: Reuters

Indian shares settled higher on Thursday, led by gains in financial and IT stocks with shares of Infosys Ltd closing nearly two per cent higher.

The NSE Nifty 50 index closed up 0.27% at 11,872.10, while the S&P BSE Sensex finished 0.42% higher at 40,286.48.

Shares of private-sector lender ICICI Ltd and software services firm Infosys Ltd ended the session 1.98% and 2.53% higher, respectively. Both stocks were among the top two gainers on the NSE index.

Gains in Infosys' stock helped push the Nifty IT index a per cent higher.

Shares of miner Vedanta Ltd slipped, closing down nearly 3% after it reported quarterly results.

Telecom stocks were hammered with Vodafone Idea slipping 19% and Bharti Airtel Ltd closing nearly one per cent lower. Both the firms are expected to report quarterly results later in the day.

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