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Sensex posts longest winning streak since late November


(Reuters) - Indian shares came off early falls on Monday and closed higher for an eighth straight session in their longest winning run since late November, buoyed by gains in twins.

However, the gains were limited as IT services firm reeled under selling pressure after its margin forecast fell short of market expectations.

The climbed 0.46 percent to10,528.35, while the benchmark Sensex rose 0.33 percent to 34,305.43.

and Bank Ltd were the top contributors to the indexes with gains of 1.6 percent and 0.9 percent respectively.

Shares of Infosys, the country's second-largest IT services company, closed 3.3 percent lower after declining as much as 6 percent.

(Reporting by in Bengaluru; Editing by Subhranshu Sahu)

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

First Published: Mon, April 16 2018. 15:56 IST