Indian shares touch 2-yr highs; ITC, telcos surge

MUMBAI Tue Jan 15, 2013 3:36pm IST

Related Topics

Stocks

   
Inside the Peshawar school

Inside the Peshawar school

The aftermath inside the Pakistan school where at least 132 students and nine staff members were killed by Taliban gunmen.  Pictures 

MUMBAI Jan 15 (Reuters) - Indian shares rose for a second consecutive session on Tuesday to touch two-year highs as ITC advanced ahead of its earnings results at the end of the week, while wireless carriers jumped on speculation about potential tariff hikes.

ITC provisionally rose 2.3 percent. The cigarette maker will post October-December earnings on Friday.

Bharti Airtel gained 5.2 percent, while Idea Cellular jumped 9.2 percent.

The BSE index provisionally gained 0.42 percent to its highest close since Jan. 6, 2011. The 50-share NSE index ended up 0.54 percent. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)

FILED UNDER:

Economic Pulse

REUTERS SHOWCASE

Hope for SpiceJet

Hope for SpiceJet

Former SpiceJet owner leading rescue plan: reports.  Full Article 

Oil Prices

Oil Prices

Oil rallies above $60, heads for 4th weekly decline on glut.  Full Article 

New Airline

New Airline

Tata, Singapore Air venture Vistara to take off on Jan 9.  Full Article 

Reuters Exclusive

Reuters Exclusive

Google aiming to go straight into car with next Android – sources.  Full Article 

Chinese Economy

Chinese Economy

China revises up size of 2013 economy, sees no effect on 2014 growth.  Full Article 

Reuters Poll

Reuters Poll

BSE Sensex to hit 32,980 by December 2015  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage