Sensex posts first gain in 7 sessions; banks rise

The broader NSE Nifty ended 0.87 percent higher at 10,242.65, while the benchmark BSE Sensex closed 0.96 percent up at 33,351.57.

Published: 08th March 2018 04:45 PM  |   Last Updated: 08th March 2018 04:45 PM   |  A+A-

File Image of BSE Sensex. (File photo | Reuters)

By Reuters

Indian shares closed higher on Thursday, snapping a six-session losing streak, as lenders recovered while Asian peers found relief on hopes that U.S. plan to introduce protectionist tariffs could exclude certain key partner countries.

The broader NSE Nifty ended 0.87 percent higher at 10,242.65, while the benchmark BSE Sensex closed 0.96 percent up at 33,351.57.

Financial stocks accounted for over half of the gains on the indexes, with ICICI Bank Ltd closing up 3.9 percent and State Bank of India ending 4.1 percent higher.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.89 percent.

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