Shares Post First Gain This Year on Exporters - The New Indian Express

Shares Post First Gain This Year on Exporters

Published: 08th January 2014 03:59 PM

Last Updated: 08th January 2014 03:59 PM

Shares rose on Wednesday to mark their first daily gain this year, snapping a five-session losing run, as exporters such as Tata Consultancy services rose on earnings optimism while Coal India surged on plans for an interim dividend.

Export-driven Tata Consultancy Services Ltd provisionally rose 1.1 percent, while Sun Pharmaceutical Industries Ltd ended 1 percent higher.

The benchmark BSE index provisionally rose 0.16 percent and the NSE index closed 0.17 percent higher to end their weakest start to a year since 2011.

Coal India Ltd. shares ended 4.9 percent higher.

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