Although the benchmark indices opened higher, they traded positively throughout the session and ultimately closed green.
Indian equity benchmark indices, Sensex and Nifty50, snapped a two-day losing streak as IT, pharma, and metal shares led.
At the closing bell, the BSE Sensex closed 331 points higher (up 0.4%)
Meanwhile, the NSE Nifty closed 84 points higher (up 0.3%)
TCS, Infosys, Tech Mahindra are the top gainers today.
ICICI Bank, ITC, and Asian Paints, on the other hand, were among the top losers today.
The GIFT Nifty was trading at 24,326, 126 points higher at the time of writing.
The BSE 150 Midcap index is trading 0.1% higher, and the BSE 250 SmallCap index is trading 0.3% higher.
Sectoral indices were trading mixed today, with the telecommunication sector and the healthcare sector witnessing buying. Meanwhile, stocks in the metal sector and banking sector witnessed selling pressure.
The rupee is trading at Rs 95.5 against the US$.
Gold prices for the latest contract on MCX are trading 0.4% higher at Rs 1,59,600 per 10 grams.
Meanwhile, silver prices were trading 1.4% higher at 2,43,960 per 1 kg.
GE Shipping Gains After Buyback Announcement
According to an exchange filing dated August 27, the board of The Great Eastern Shipping Company (GE Shipping) approved a proposal to buy back fully paid-up equity shares of face value ?10 each from shareholders/beneficial owners, excluding promoters and promoter-group shareholders, through the open market route.
The company will repurchase shares at a maximum price of Rs 1,530 per share, payable in cash, with the total buyback outlay capped at Rs 9 billion. The maximum buyback price represents a 16% premium to the previous closing price of Rs 1,317.20.
GE Shipping is primarily engaged in the shipping and offshore exploration and production services businesses.
Wipro Expands Partnership with Google Cloud to Accelerate AI Adoption
Wipro Limited has expanded its partnership with Google Cloud to help businesses adopt Gemini Enterprise and agentic AI at scale. Wipro is also increasing its internal use of Gemini Enterprise and plans to equip more than 10,000 AI-certified employees, including 1,500 Forward Deployed Engineers (FDEs), with advanced AI capabilities.
As part of the partnership, Wipro has introduced the LIFT (Launch-Ignite-Flywheel-Transform) framework, designed to help companies move from small AI projects to large-scale AI transformation. The framework combines Google Cloud's Gemini Enterprise with Wipro's AI platforms, WINGS and WEGA, under its Wipro Intelligence suite.
The aim is to help companies move beyond simple automation and use AI agents to handle complex, multi-step business processes with greater security and less human intervention.
Wipro said it is creating a dedicated team of more than 1,500 certified FDEs to combine Google Cloud's AI expertise with Wipro's consulting and engineering capabilities. The team will help customers move from AI pilots to enterprise-wide implementation.
Wipro has also deployed Gemini Enterprise internally as its main platform for managing AI agents. The company is using AI agents across areas such as compliance, HR and sales intelligence to improve productivity, streamline workflows and support faster decision-making.
In addition, Wipro has integrated Antigravity Command Line Interface into its software engineering processes. This allows AI agents to assist developers with planning, coding, testing and application modernisation, resulting in higher productivity and fewer post-production defects.
Overall, the expanded partnership is aimed at helping Wipro and its customers scale AI adoption, improve operational efficiency and turn AI capabilities into measurable business outcomes.
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