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Indian shares edge higher; IT stocks lead

Source : REUTERS
Last Updated: Tue, Sep 17, 2013 10:10 hrs

MUMBAI, Sept 17 (Reuters) - Indian shares rose on Tuesday, led by gains in technology stocks including Tata Consultancy Services which rose tracking weakness in the rupee and as recent underperformance of the sector made short-term valuations attractive.

Tata Consultancy Services Ltd provisionally rose 2.2 percent, Infosys Ltd gained 0.8 percent, while Wipro Ltd surged 4.9 percent.

The benchmark BSE index rose 0.34 percent, while the broader NSE index ended 0.18 percent higher after slipping below its 200-day moving average for a brief period earlier in the day. (Reporting by Abhishek Vishnoi; Editing by Anand Basu)




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