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Sensex posts first gain in 7 sessions; banks rise


(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 closing up 3.9 percent and ending 4.1 percent higher.

MSCI's broadest index of shares outside was up 0.89 percent.

(Reporting by in Bengaluru; Editing by Vyas Mohan)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, March 08 2018. 15:56 IST