Indian shares touch 2-year highs; ITC, telcos surge

ITC provisionally rose 2.3 percent. The cigarette maker will post October-December earnings on Friday.

Bharti Airtel gained 5.2 percent, while Idea Cellular jumped 9.2 percent.

The BSE index provisionally gained 0.42 percent to its highest close since Jan. 6, 2011. The 50-share NSE index ended up 0.54 percent.