MUMBAI Indian shares rose more than 1 percent on Tuesday, snapping a three-session losing streak as beaten-down banking and financial stocks and Reliance Industries recovered, while sentiment was also supported by hopes for stimulus measures in China.
The Nifty rose 1.14 percent, posting its biggest one-day percentage gain since Dec. 17. The Sensex gained 1.21 percent.
Reliance Industries rose 2.6 percent, while ICICI Bank gained 2.5 percent.
(Reporting by Karen Rebelo; Editing by Gopakumar Warrier)
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Published Date: Jan 20, 2016 03:30 AM | Updated Date: Jan 20, 2016 03:30 AM