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)
Trending On Reuters
India plans to pull its tariff regime closer in line with global norms to prepare for new regional trade pacts being negotiated by advanced economies, the government said on Wednesday. Full Article
RBI to leave repo rate on hold next week but cut 25 bps by end-June - Reuters poll Full Article