Indian shares rise on Yes Bank surge

25 Jan, 2019

Indian shares closed slightly higher on Thursday, helped by gains in Yes Bank Ltd after the lender said it got the central bank's approval to name Ravneet Singh Gill as its new chief executive officer. Shares of Yes Bank jumped 19.14 percent to their highest close mid-November, despite a 7 percent drop in third-quarter net profit. The broader NSE index rose 0.17 percent to 10,849.80, while the benchmark BSE index gained 0.24 percent to 36,195.10.

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