May 4, 2017 / 6:19 AM / 3 months ago

Sensex rises, ICICI Bank leads gains

A broker smiles as he trades on his computer terminal at a stock brokerage firm in Mumbai December 31, 2009.Punit Paranjpe/Files

REUTERS - Indian shares ended higher on Thursday as bank stocks climbed on a government move to tackle surging bad loans, while ICICI Bank (ICBK.NS) rallied 9 percent after it said additions to non-performing loans would be lower this year.

The broader NSE Nifty closed up 0.51 percent, ending at a record closing high of 9,359.90, while the benchmark BSE Sensex ended 0.77 percent higher at 30,126.21.

Reporting by Samantha Kareen Nair in Bengaluru; Editing by Sunil Nair

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