Indian shares gain for a second day; tech shares lead

MUMBAI Wed Dec 19, 2012 3:34pm IST

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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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