# The benchmark Nifty 50 rose 0.21% to 23,956.65, while the BSE Sensex added 0.31% to 76,106.80.

*genai, business · news · 2026-05-29 · MarketScreener*

## Key points

- Wipro expanded its partnership with U.S. firm ServiceNow to implement agentic AI workflows.
- U.S. and Iran agreed to extend their ceasefire and partially lift Strait of Hormuz shipping restrictions.
- Wipro shares surged 4.35% as IT sector led Indian market gains with a 2.3% rise.
- Brent crude futures fell to $93 as optimism grew over the U.S.-Iran deal and AI sector rally.

May 29 (Reuters) - Indian shares opened higher on Friday, led by IT companies after Wipro expanded a partnership with a U.S. firm to scale AI adoption. The benchmark Nifty 50 rose 0.21% to 23,956.65, while the BSE Sensex added 0.31% to 76,106.80, as of 9:20 a.m. IST. The U.S. and Iran reached an agreement on Thursday to extend their ceasefire and lift restrictions on shipping through the Strait of Hormuz, sources told Reuters, though U.S. President Donald Trump has yet to approve it, and Iranian state media said it had not been finalized. Brent crude futures dropped to $93 per barrel, while Asian markets jumped 1.6% on optimism over the U.S.-Iran deal and AI rally. [MKTS/GLOB] Eleven of the 16 major sectors logged gains. IT index rose 2.3%, led by a 4.35% jump in Wipro following a partnership with ServiceNow to implement agentic AI workflows. The broader small- and mid-caps gained 0.4% and 0.3%, respectively. (Reporting by Vivek Kumar M and Bharath Rajeswaran; Editing by Rashmi Aich)

**Companies:** Wipro, ServiceNow
**Countries:** India, United States, Iran

[Read the full story on MarketScreener](https://www.marketscreener.com/news/indian-shares-open-higher-as-it-gains-after-wipro-s-ai-partnership-with-servicenow-ce7f5ddbd988ff26)

---

Canonical: https://newsio.io/n/e4c91e83-1fbc-4853-a0d2-a2ecf3b9a554/the-benchmark-nifty-50-rose-0-21-to-23956-65-while-the-bse-sensex-added-0-31-to
Summarized by Newsio from MarketScreener. https://newsio.io/how-it-works