MUMBAI Dec 14 Indian shares rose on Friday for the first session in six on Friday as lenders such as ICICI Bank gained after lower-than-expected inflation data reinforced hopes the central bank will start cutting interest rates in January.
ICICI Bank provisionally rose 1.5 percent, while State Bank of India gained 2.8 percent.
The BSE index provisionally gained 0.48 percent, while the 50-share NSE index ended up 0.55 percent. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)
Trending On Reuters
The double-digit stock market gains of pharmaceutical giants including Dr. Reddy's Laboratories and Wockhardt stand out in stark relief to the dismal performance of other Asian emerging-market stocks this year. Full Article