May 31, 2018 / 6:31 AM / 22 days ago

Sensex, Nifty rise over 1 percent to 2-week closing high ahead of GDP data

(Reuters) - Indian shares rose more than 1 percent on Thursday and posted their highest close in two weeks, with financials such as HDFC Bank Ltd accounting for about two-thirds of the gains, ahead of key economic growth data later in the day.

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui/Files

Gross domestic product likely grew 7.3 percent in the first three months of 2018, a Reuters poll showed, a touch faster than the 7.2 percent growth in the last quarter of 2017.

The broader NSE Nifty closed 1.15 percent higher at 10,736.15, while the benchmark BSE Sensex rose 1.19 percent to 35,322.38.

HDFC Bank ended 4.5 percent higher.

For the month, the NSE Nifty slipped, while the BSE Sensex gained 0.46 percent.

Reporting by Krishna V Kurup in Bengaluru; Editing by Subhranshu Sahu

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