{"id":68747,"date":"2026-01-16T10:29:31","date_gmt":"2026-01-16T10:29:31","guid":{"rendered":"https:\/\/www.pantheregroup.com\/2026\/01\/16\/indian-shares-end-off-days-highs-it-stocks-rally-on-infosys-results\/"},"modified":"2026-01-16T10:29:31","modified_gmt":"2026-01-16T10:29:31","slug":"indian-shares-end-off-days-highs-it-stocks-rally-on-infosys-results","status":"publish","type":"post","link":"https:\/\/www.pantheregroup.com\/2026\/01\/16\/indian-shares-end-off-days-highs-it-stocks-rally-on-infosys-results\/","title":{"rendered":"Indian Shares End Off Day&#8217;s Highs; IT Stocks Rally On Infosys Results"},"content":{"rendered":"<div style=\"text-align:center\"><\/div><p> \n<\/p>\n<div id=\"ctl00_CPI_dvBody\">\n<p> Indian shares ended modestly higher on Friday after paring early gains. <\/p>\n<p>Underlying sentiment was buoyed by firm global cues, falling oil prices on easing Iran-U.S. tensions, and a big win for BJP-led Mahayuti alliance in Maharashtra civic body elections across 29 municipal corporations.<\/p>\n<p>IT stocks topped the gainers list after Infosys delivered stronger-than-expected quarterly results and raised its full-year revenue growth guidance.<\/p>\n<p>Banks also gained ground, but pharma and consumer durables shares fell, helping limit overall gains. <\/p>\n<p>The benchmark BSE Sensex rose to an intraday high of 84,134.97 before paring gains to end the session up 187.64 points, or 0.23 percent, at 83,570.35. <\/p>\n<p>The broader NSE Nifty index closed up 28.75 points, or 0.11 percent, at 25,694.35 after having hit a high of 25,873.50 earlier. <\/p>\n<p>The BSE mid-cap index edged up by 0.2 percent while the small-cap index fell around half a percent. <\/p>\n<p>The market breadth was weak on the BSE, with 2,360 shares falling while 1,873 shares advanced and 161 shares closed unchanged. <\/p>\n<p>Infosys surged 5.7 percent while peers Tech Mahindra and HCL Technologies rallied 5.2 percent and 1.8 percent, respectively. <\/p>\n<p>Among other prominent gainers, UltraTech Cement and SBI both rose around 1 percent. <br \/>On the flip side, Eternal sank 3.9 percent, while ITC, Maruti Suzuki India, Sun Pharma, BEL and Asian Paints all fell around 2 percent. <\/p>\n<\/p>\n<p>Market Analysis<\/p>\n<\/div>\n<p><script type=\"text\/javascript\">\n        window.fbAsyncInit = function () {\n            FB.init({\n                status: true,\n                cookie: true,\n                xfbml: true\n            });\n        };\n        (function (d) {\n            var js, id = 'facebook-jssdk'; if (d.getElementById(id)) { return; }\n            js = d.createElement('script'); js.id = id; js.async = true;\n            js.src = \"https:\/\/connect.facebook.net\/en_US\/all.js\";\n            d.getElementsByTagName('head')[0].appendChild(js);\n        }(document));\n    <\/script><br \/>\n<br \/>\n<br \/>Indian Shares End Off Day&#8217;s Highs; IT Stocks Rally On Infosys Results<\/a><br \/>\n<br \/>2026-01-16 10:29:31<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian shares ended modestly higher on Friday after paring early gains. Underlying sentiment was buoyed by firm global cues, falling oil prices on easing Iran-U.S. tensions, and a big win&#8230;<\/p>\n","protected":false},"author":2,"featured_media":68748,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.unsplash.com\/photo-1535139262971-c51845709a48?ixid=MXwxMjA3fDB8MHxwaG90by1wYWdlfHx8fGVufDB8fHw=&ixlib=rb-1.2.1&auto=format&fit=crop&w=1950&q=80","fifu_image_alt":"","footnotes":""},"categories":[30],"tags":[],"class_list":["post-68747","post","type-post","status-publish","format-standard","has-post-thumbnail","category-asian-markets"],"_links":{"self":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/68747","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/comments?post=68747"}],"version-history":[{"count":0,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/posts\/68747\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media\/68748"}],"wp:attachment":[{"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/media?parent=68747"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/categories?post=68747"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pantheregroup.com\/api\/wp\/v2\/tags?post=68747"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}