Sensex gains in volatile trade; Zee Entertainment jumps

Indian shares closed higher in volatile trade on Thursday, with gains led by media and IT stocks, while Bajaj Finance Ltd’s upbeat March-quarter earnings lifted sentiment.

The benchmark BSE Sensex closed up 0.75% at 37,393.48. The broader NSE Nifty ended 0.9% higher at 11,257.10.

Both indexes posted their second gain in 12 sessions.

Bajaj Finance’s 50% surge in quarterly profit took the non-banking financial company’s stock to its best close in nearly a fortnight.

Zee Entertainment Enterprises closed up 7.24%, while Infosys Ltd ended 2.4% higher.