MUMBAI Feb 13 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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It remains to be seen whether Nifty will be able to break the 8,100 mark during October. With major events out of the way, the next trigger will be the Q2 FY16 earnings season which is expected to kick off next week. It is advisable for the investors to continue building their equity portfolio by utilising market volatility as an opportunity, writes Ambareesh Baliga. Full Article