Don’t miss the latest developments in business and finance.

Indian shares end higher; 10-year bonds slide

Image
Reuters
Last Updated : Nov 24 2017 | 3:55 PM IST

REUTERS - Indian shares ended higher for a seventh straight session on Friday as IT firms gained, while bonds slid on market talk of a potential sovereign ratings upgrade by Standard & Poor's.

The benchmark BSE Sensex closed up 0.27 percent at 33,679.24. The broader NSE Nifty ended 0.40 percent higher at 10,389.7.

The last time the NSE index rallied for seven straight sessions was between June 12 and June 23, 2015. Both the indexes are up over 1 percent each for the week.

The benchmark 10-year bond fell, with yield rising as high as 7.04 percent.

(Reporting by Arnab Paul in Bengaluru; Editing by Vyas Mohan)

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Nov 24 2017 | 3:43 PM IST

Next Story