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BSE Sensex gains for second day; IT stocks, Reliance lead

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Reuters MUMBAI
Last Updated : Dec 19 2014 | 4:05 PM IST

MUMBAI (Reuters) - The BSE Sensex and Nifty rose for a second consecutive day on Friday, led by gains in IT stocks after global rival Accenture Plc raised its revenue forecast, while Reliance Industries rose on bets it will roll out its telecom services in the next few months.

Tata Consultancy Services provisionally rose 2.5 percent while Infosys ended 1.5 percent higher.

Reliance Industries unofficially gained 2.3 percent.

The benchmark BSE Sensex closed 0.8 percent higher, while the broader Nifty gained 0.79 percent, averting a third consecutive weekly decline.

(Reporting by Abhishek Vishnoi; Editing by Anupama Dwivedi)

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First Published: Dec 19 2014 | 3:57 PM IST

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