Indian shares gain for a second day; TCS hits record high
MUMBAI Feb 13 (Reuters) - Indian shares gained for a second consecutive session on Wednesday, with Tata Consultancy hitting a record high after an industry body forecast exports would grow in the next fiscal year, while Tata Motors gained after key unit JLR reported a surge in monthly sales.
Tata Consultancy Services Ltd provisionally rose 1.7 percent, after earlier hitting a record high at 1,441.65 rupees. Tata Motors Ltd rose 2.2 percent.
The BSE index provisionally gained 0.28 percent, while the 50-share NSE index ended up 0.18 percent. (Reporting by Abhishek Vishnoi; Editing by Rafael Nam)
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India approved on Saturday the purchase of 814 mounted gun systems for the army at a cost of 157.5 billion rupees ($2.55 billion), a defence ministry spokesman said. Full Article