Sensex, Nifty rise for second session; L&T, drug makers advance

REUTERS - Indian shares rose for a second straight session on Wednesday, the first back-to-back gains since the government's shock move to withdraw high-value banknotes from circulation, as Larsen & Toubro Ltd rallied on upbeat quarterly results while drug makers gained after the rupee weakened.

The 30-stock BSE index closed up 0.35 percent at 26,051.81, while the broader NSE index ended 0.39 percent higher at 8,033.30.

Larsen & Toubro gained 2.1 percent.

(Reporting by Arnab Paul in Bengaluru; Editing by Subhranshu Sahu)