IT, Adani stocks lift sensex and Nifty, eye on US debt ceiling talks

MUMBAI: Indian shares advanced on Tuesday, powered by information technology and Adani group of stocks, even as markets kept an eye on the US debt ceiling talks.

The blue-chip Nifty 50 index was up 0.41% at 18,391.50 as of 10:08 a.m. IST, while the benchmark S&P BSE Sensex rose 0.33% to 62,165.70.

Ten of the 13 major sectoral indexes advanced, with the metal index jumping nearly 3%. Adani Enterprises Ltd , which has a weightage of 17% in the metal index, jumped over 12% and was the top Nifty 50 gainer.