Fourteen out of 15 sectoral gauges compiled by the NSE advanced, led by the NSE Nifty Realty Index's 2.9% rally. On the flipside, the NSE Nifty IT Index was the only sectoral loser, down 0.7%.
The ongoing Middle East conflict has pressured Indian equities. Investors are now seeking stable income through high dividend yields and defensive sectors.
It had been expected to raise as much as $50 billion in a record-setting IPO this summer that could value the space exploration company at more than $1.75 trillion.
The brokerage highlighted that the company is expanding phosphoric and sulfuric acid capacity and targets to achieve full backward integration by FY29.
