Indian shares rise on auto, metals boost; Zomato jumps nearly 7%
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
BENGALURU - 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 was up 0.13% at 16,236.35 by 0350 GMT, while the S&P BSE Sensex rose 0.14% to 54,365.34.
Nifty's auto index and metals index were up 0.5% and 0.9%, respectively. Mahindra and Mahindra was the top gainer on the Nifty 50 index, advancing 1.3%.
Zomato rose 6.8% 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.
Investors are also keeping a watch on SoftBank-backed Indian logistics startup Delhivery's listing on domestic stock exchanges on Tuesday.
