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Sensex rises for fifth straight session

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Reuters MUMBAI
Last Updated : May 30 2016 | 4:23 PM IST

MUMBAI (Reuters) - Indian shares rose for a fifth straight session on Monday after earnings of blue chips such as Hindalco Industries Ltd beat street estimates, boosting hopes that the economy was recovering.

The broader NSE Nifty rose 0.27 percent to 8,178.50, and has now gained 5.5 percent over the five sessions to Monday.

The benchmark BSE Sensex advanced 0.27 percent to 26,725.60. Hindalco ended 12 percent higher.

(Reporting by Manoj B Rawal; Editing by Subhranshu Sahu)

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First Published: May 30 2016 | 4:16 PM IST

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