Sensex posts third day of gains; L&T soars | Reuters

Indian shares rose nearly 2 percent on Thursday to post their third session of gains, as Larsen & Toubro (LART.NS) surged after upbeat March-quarter results, raising hopes about the domestic economy.

The broader NSE Nifty ended 1.7 percent higher at 8,069.65, while the benchmark BSE Sensex rose 1.88 percent to close at 26,366.68.

Larsen & Toubro jumped as much as 15 percent to its highest since October 2015. It closed up 14.1 percent.

(Reporting by Aastha Agnihotri in Bengaluru; Editing by Sunil Nair)

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

Updated Date: May 26, 2016 23:45 PM

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