Associate Sponsors

Sensex gains for second day as rupee recovers; banks lead

Image
Reuters MUMBAI
Last Updated : Aug 23 2013 | 3:45 PM IST

MUMBAI (Reuters) - The BSE Sensex rose over 1 percent on Friday to mark its second consecutive day of gains, with beaten down bank shares such as ICICI Bank gaining on value buying, as rupee recovered after six straight days of losses.

ICICI Bank provisionally rose 2.1 percent and HDFC Bank ended 3.3 percent higher.

The BSE Sensex provisionally gained 1.12 percent, while the Nifty ended up 1.11 percent.

(Reporting by Abhishek Vishnoi; Editing by Jijo Jacob)

More From This Section

First Published: Aug 23 2013 | 3:38 PM IST

Next Story