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Sensex ends higher for third session; TCS gains


(Reuters) - Indian shares ended higher for a third straight session on Wednesday, buoyed by gains in after the company said it would buy back stock, while robust monthly industrial growth data lifted sentiment.

Industrial output grew 4.9 percent in April from a year earlier, driven by a pick up in manufacturing, while accelerated to a four-month high in May, underpinned by higher fuel prices and a depreciating rupee, government data showed on Tuesday.

The broader NSE Nifty ended 0.13 percent higher at 10,856.70, while the benchmark closed up 0.13 percent at 35,739.16. Both indexes marked their highest closing levels since Feb. 1.

Top Tata Consultancy Services closed up 2.4 percent after the company said it would consider a share buyback proposal on Friday.

(Reporting by in Bengaluru, Editing by Sherry Jacob-Phillips)

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

First Published: Wed, June 13 2018. 15:55 IST