Web Sify
Follow us on
Mail
Print

Indian shares close at highest in 1-1/2 months; Infosys surges

Source : REUTERS
Last Updated: Fri, Jul 12, 2013 10:10 hrs

MUMBAI, July 12 (Reuters) - Indian shares rose about 1.5 percent on Friday marking their highest close in 1-1/2 months as Infosys surged after it defied some analysts' expectations by retaining its revenue growth forecast.

Infosys Ltd provisionally closed up 10.9 percent after earlier marking its highest intraday level in nearly two years while its rival Tata Consultancy Services Ltd also ended 2.9 percent higher.

The BSE index provisionally closed up 1.54 percent, while the 50-share NSE index ended up gaining 1.25 percent. (Reporting by Abhishek Vishnoi; Editing by Gopakumar Warrier)




More from Sify:
blog comments powered by Disqus
most popular on facebook
talking point on sify finance