Indian shares hit more than 4-week high on energy, bank boost


Indian shares hit more than 4-week high on energy, bank boost

Indian shares rose to their highest in over four weeks on Friday and were headed for their third straight weekly gain, boosted by a surge in top financial and energy stocks.

The broader NSE index rose as much as 0.7 percent, and the benchmark BSE index climbed 0.8 percent, their highest level since Oct. 17.

However, losses in private-sector lender Yes Bank Ltd and IT giant Infosys Ltd trimmed some of the gains.

The NSE index was up 0.35 percent at 10,653.85 by 0607 GMT, while the BSE index rose 0.36 percent to 35,388.33.

The indexes are set to finish the week about 0.8 percent higher. Read More

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