Indian shares head for longest winning streak since November - News Summed Up

Indian shares head for longest winning streak since November


more-inIndian shares rose for a seventh straight session on Friday, in what could be their longest winning streak since November 2017, on the back of gains in index heavyweights such as Reliance Industries Ltd and ICICI Bank Ltd. The broader NSE index was up 0.48 % at 10,508.75 as of 0541 GMT, while the benchmark BSE index was 0.5 % higher at 34,272.29. The BSE index has gained 1.9 % so far this week, while NSE index has added 1.7 %. Among gainers, Reliance Industries Ltd rose nearly 1 % on Friday and hit its highest since March 5. The Nifty Bank index climbed for a second straight session, with both ICICI Bank Ltd and Kotak Mahindra Bank Ltd trading more than 1 % higher.


Source: The Hindu April 13, 2018 06:42 UTC



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