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Sensex posts third day of gains; L&T soars
May 26, 2016 / 9:01 AM / 2 years ago

Sensex posts third day of gains; L&T soars

REUTERS - Indian shares rose nearly 2 percent on Thursday to post their third session of gains, as Larsen & Toubro (LART.NS) surged after upbeat March-quarter results, raising hopes about the domestic economy.

A broker monitors share prices while trading at a brokerage firm in Mumbai May 13, 2014. REUTERS/Danish Siddiqui/Files

    The broader NSE Nifty ended 1.7 percent higher at 8,069.65, while the benchmark BSE Sensex rose 1.88 percent to close at 26,366.68.

    Larsen & Toubro jumped as much as 15 percent to its highest since October 2015. It closed up 14.1 percent.

    Reporting by Aastha Agnihotri in Bengaluru; Editing by Sunil Nair

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