Indian shares gain for a second day; tech shares lead
MUMBAI Dec 19 (Reuters) - Indian shares rose for a second consecutive session on Wednesday led by IT stocks such as Tata Consultancy Services after recent losses were seen as overdone and on hopes a resolution to the "U.S. cliff" standoff would improve the outlook for a key export market.
Tata Consultancy Services provisionally rose 1.8 percent, while Infosys ended up 1.2 percent.
The BSE index provisionally gained 0.48 percent, while the 50-share NSE index ended up 0.5 percent. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)
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The BSE Sensex on Tuesday breached the psychologically key level of 27,000 points for the first time to hit its third consecutive record high as blue-chips such as HDFC Bank gained after recent data raises hopes about the economy. Full Article