Stocks rose in a volatile trading session, as investors mulled the outlook for company earnings after software services provider Wipro declined to provide guidance for the first time since 2009.
The Sensex advanced 0.7 per cent to 30,602.61 at the 3:30 pm close in Mumbai, after swinging between a loss of as much as 1.2 per cent and a gain of as much as 1.4 per cent. The Nifty climbed 0.8 per cent, with about two stocks rising for each one that fell.
“People are asking if companies