Indian shares ushered in 2020 on a positive note and closed higher on Wednesday, led by gains in energy and information technology stocks. On the first trading session of the year, the NSE Nifty 50 index ended up 0.12% at 12,182.50, while the S&P BSE Sensex rose 0.15% to 41,314.93.
Adani Ports and Special Economic Zone Ltd was the top gainer in Nifty 50 index, rising 3.13%. The company will acquire 72% stake in Krishnapatnam Port, CNBC -TV18 reported.
Power Grid Corp, NTPC Ltd and Vedanta Ltd were other top gainers in Nifty 50 index, rising 1.4%-2.8%. Titan Company Ltd was the top laggard on the Nifty 50 index, ending down 2.8%
On Tuesday, the Nifty and Sensex ended lower as investors booked profits. The Nifty clocked a 12% gain for 2019, while the Sensex advanced 14.4%. Both the indices recorded their fourth straight annual gain last year.
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