L&T shares rally; Goldman adds to 'conviction buy'

Reuters Market Eye - Shares of Larsen & Toubro rose as much as 7.4 percent after Goldman Sachs added the stock to its "conviction buy list," citing "attractive" valuations, "visible" growth, strong balance sheet and a "good" track record of execution.

Shares of L&T were up 6.84 percent to 805.20 rupees.

(Reporting by Indulal PM)