Indian shares rise on auto, metals boost; Zomato jumps nearly 7%
Tuesday,
24-May-2022
09:55 AM (IST)
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 9984.T Indian logistics startup Delhivery's listing on domestic stock exchanges on Tuesday.
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