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Sensex gains; IT stocks lead recovery from two-month low

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Reuters MUMBAI

MUMBAI (Reuters) - The BSE Sensex edged higher on Friday after earlier hitting a two-month low as exporters such as Infosys advanced on hopes a record low rupee would improve overseas earnings and helping indexes end a tough week on a brighter note.

Infosys Ltd rose 2 percent, while Dr. Reddy's Laboratories Ltd ended 2.11 percent higher.

The BSE Sensex gained 0.29 percent, while the 50-share Nifty ended up 0.21 percent, after both hit their lowest intraday levels since April 16 earlier in the day.

(Reporting by Abhishek Vishnoi; Editing by Subhranshu Sahu)

 

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First Published: Jun 21 2013 | 3:49 PM IST

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