Sensex, Nifty rise for second session; L&T, drug makers advance | Reuters

Indian shares rose for a second straight session on Wednesday, the first back-to-back gains since the government's shock move to withdraw high-value banknotes from circulation, as Larsen & Toubro Ltd rallied on upbeat quarterly results while drug makers gained after the rupee weakened.The 30-stock BSE index closed up 0.35 percent at 26,051.81, while the broader NSE index ended 0.39 percent higher at 8,033.30.

Reuters November 23, 2016 15:59:38 IST
Sensex, Nifty rise for second session; L&T, drug makers advance
| Reuters

Sensex Nifty rise for second session LT drug makers advance
 Reuters

Indian shares rose for a second straight session on Wednesday, the first back-to-back gains since the government's shock move to withdraw high-value banknotes from circulation, as Larsen & Toubro Ltd rallied on upbeat quarterly results while drug makers gained after the rupee weakened.The 30-stock BSE index closed up 0.35 percent at 26,051.81, while the broader NSE index ended 0.39 percent higher at 8,033.30.

Larsen & Toubro gained 2.1 percent.

(Reporting by Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)

This story has not been edited by Firstpost staff and is generated by auto-feed.

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