Indian shares gain for fifth day; Cipla surges after earnings
MUMBAI Oct 18 (Reuters) - Indian shares rose for a fifth consecutive session on Tuesday, as drug maker Cipla jumped after posting a surge in quarterly earnings, while State Bank of India rose on hopes for rising demand for loans in the holiday season.
Cipla provisionally rose 4.2 percent, while State Bank of India added 1.2 percent.
The BSE index provisionally gained 0.32 percent, while the 50-share NSE index ended up 0.35 percent. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)
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Modi's U.S. Trip
Prime Minister Narendra Modi, on his first trip to New York as leader of the world's most populous democracy, will draw perhaps the largest crowd ever by a foreign leader on U.S. soil when he takes the stage on Sunday in Madison Square Garden before a crowd forecast to total more than 18,000 people. Full Article