Although the benchmark indices opened lower, they traded positively throughout the session and ultimately closed green.
Indian equity benchmark indices, Sensex and Nifty50, snapped their three-day losing streak as bank shares supported amid persistent oil price volatility.
At the closing bell, the BSE Sensex closed 138 points higher (up 0.1%)
Meanwhile, the NSE Nifty closed 46 points higher (up 0.2%)
Power Grid Corp, Axis Bank, NTPC are the top gainers today.
HCL Tech, Tata Steel, Trent on the other hand, were among the top losers today.
The GIFT Nifty was trading at 23,461, 29 points lower at the time of writing.
The BSE 150 Midcap index is trading 0.4% lower and the BSE 250 SmallCap index is trading 0.01% higher.
Sectoral indices were trading mixed today, with the oil & gas sector and financial services sector witnessing buying. Meanwhile, stocks in the power sector and realty sector witnessed selling pressure.
The rupee is trading at Rs 95.4 against the US$.
Gold prices for the latest contract on MCX are trading at Rs 1,53,778 per 10 grams.
Meanwhile, silver prices were trading 1% lower at 2,41,547 per 1 kg.
Shakti Pumps Rallies Following Major Order
Shakti Pumps (India) Limited shares came into focus on Thursday after the company announced a major order from Maharashtra State Electricity Distribution Company Limited (MSEDCL).
According to the company's exchange filing, Shakti Pumps received a Letter of Empanelment from MSEDCL to supply 10,000 off-grid solar photovoltaic water pumping systems across Maharashtra under the Magel Tyala Saur Krushi Pump Yojana.
The order is worth around Rs 2.36 billion and is expected to be completed within 60 days from the date of the work order.
The government scheme aims to provide subsidised solar-powered water pumps to farmers, helping them with daytime irrigation.
Shakti Pumps manufactures pumps, motors and controllers and provides water pumping solutions.
Wipro Launches AI-Powered CISO Command Center
Wipro has launched a new CISO Command Center in partnership with CrowdStrike to help companies deal with growing cybersecurity risks linked to artificial intelligence (AI).
The new Command Center is designed to help businesses move away from managing multiple security tools separately and instead adopt a risk-focused approach that connects cybersecurity with their overall business priorities.
The initiative will be delivered through Wipro's CyberTransform and CyberShield solutions and supported by CrowdStrike's Falcon platform.
The Command Center will bring together protection across endpoints, cloud systems, security exposure and AI, while also improving threat detection and response through a modern Security Operations Center (SOC).
According to Wipro, the speed of cyber threats is increasing, with attacks that could previously take months to develop now potentially happening within hours due to AI-enabled techniques.
The Command Center aims to help businesses quickly identify, prioritise and respond to cyber risks by turning security data into useful business risk intelligence.
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