te Sensex closes up 0.17% on positive GDP data | Zee Business

Sensex closes up 0.17% on positive GDP data

The benchmark Bombay Stock Exchange (BSE) Sensex closed up 0.17% at 26,713.93. 

Sensex closes up 0.17% on positive GDP data
Bombay Stock Exchange (BSE) headquarters in Mumbai. Image Source: Reuters

Indian shares rose to their strongest level since late October on Wednesday as firms reliant on consumer demand, such as cigarette maker ITC , advanced on data showing the economy grew faster than expected in the March quarter.

The broader National Stock Exchange (NSE) Nifty ended 0.24% higher at 8,179.95, while the benchmark Bombay Stock Exchange (BSE) Sensex closed up 0.17% at 26,713.93. 

Shares of ITC closed nearly 3% higher, after rising as much as 3.18% to their highest level since February 28, 2015, earlier in the session. 

Written By: Reuters
Updated: Wed, Jun 01, 2016
04:18 pm
Reuters
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