Indian share prices surged 2.32 percent higher on Thursday led by software companies which were snapped up by overseas funds, dealers said. They said companies such as Tata Consultancy Services and Infosys Technologies attracted interest after falling from record highs earlier in the week.
The 30-share benchmark BSE Sensitive index gained 305.82 points to 13,487.16, its second straight gain after three days of sharp losses. "Software led the market today as overseas funds found valuations attractive ahead of quarterly earnings," a dealer with Prabhudas Lilladher said. Indian companies are slated to report earnings next month for the quarter ended December.
Comments
Comments are closed.