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Sensex rises on bargain hunting

Reuters 

By Darshana Sankararaman(Reuters) - Indian shares rose on Thursday as investors picked beaten down counters, including technology stocks that lost ground on disappointing quarterly results from software services exporters Infosys Ltd and Tata Consultancy Services Ltd.The Nifty has fallen about 1.7 percent since it hit a record high on April 5.However, an official forecast of an average monsoon in 2017 and expectations of positive quarterly results are expected to push markets higher in the near-term, said analysts. "An extended period of consolidation over the last one week has rendered ...

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First Published: Thu, April 20 2017. 12:43 IST
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