ET 01:01

Indian Shares Rise Modestly; IT Stocks Lead Gains on June 17

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Indian shares edged higher on June 17, 2026, driven by gains in information technology (IT) stocks. The Nifty 50 index rose 0.2% to 23,588.05, while the S&P BSE Sensex also climbed 0.2% to 77,350.31. The IT index led sectoral gains, increasing 0.7%, making it the top-performing sector. Major IT firms contributed to the rise, with Infosys (INFY) up 1.1%, LTIMindtree (LTIM) gaining 0.9%, and Wipro (WIPRO) advancing 0.8%. Broader market sentiment remained positive, as the Nifty Smallcap 100 increased 0.5% and the Nifty Midcap 100 rose 0.3%. Market breadth on the National Stock Exchange showed 1,326 advancing issues against 794 declining issues. Foreign institutional investors (FIIs) continued their selling streak for an eighth consecutive session, offloading 65.3 billion rupees ($782.7 million) in Indian equities on June 14. Conversely, domestic institutional investors (DIIs) were net buyers for eight sessions, acquiring 38.3 billion rupees ($459.4 million) on the same date.

EditorLim