Little change in Indian stocks; IndusInd Bank gains 5% on strong results

Indian shares, backed by private lender IndusInd Bank, remained steady on Thursday after rising quarterly gains, while technology stocks fell on weak results from the IT services firm. Wipro,

The NSE Nifty 50 index was mostly unchanged at 16,530 as of 0403 GMT, while the S&P BSE Sensex was up 0.08% at 55,441.51. On Wednesday, both the indices closed at more than six-week highs.

IndusInd Bank shares rose 4.8% after posting strong quarterly gains.

Wipro fell as much as 2% after a nearly 21% drop in June-quarter profits.

Nifty IT index was the top loser, down 0.7%.

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