May 30, 2017 / 6:51 AM / 3 months ago

Sensex, Nifty edge up to record closes; Aurobindo Pharma surges

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, February 26, 2016.Shailesh Andrade/Files

REUTERS - Indian shares rose for a fourth straight session to hit record closing highs, as Aurobindo Pharma jumped after saying it would not be too impacted by price erosion in the U.S. market, and sentiment was boosted by the arrival of monsoon rains.

The broader Nifty closed 0.2 percent higher at 9,624.55, while the benchmark Sensex rose 0.16 percent at 31,159.40.

Aurobindo Pharma ended 13.3 percent higher.

Reporting by Krishna V Kurup in Bengaluru; Editing by Amrutha Gayathri

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