Markets

Indian shares post longest winning streak since late Nov

Published April 16, 2018 Updated April 16, 2018 12:37pm

However, the gains were limited as IT services firm Infosys Ltd reeled under selling pressure after its margin forecast fell short of market expectations.

The broader NSE index climbed 0.46 percent to 10,528.35, while the benchmark BSE index rose 0.33 percent to 34,305.43.

Housing Development Finance Corp Ltd and HDFC Bank Ltd were the top contributors to the indexes with gains of 1.6 percent and 0.9 percent respectively.

Shares of Infosys, the country's second-largest IT services company, closed 3.3 percent lower after declining as much as 6 percent.

Copyright Reuters, 2018