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BSE Sensex posts first gain this year

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Reuters MUMBAI

MUMBAI (Reuters) - The BSE Sensex rose on Wednesday to mark its first daily gain this year, snapping a five-session losing run, as exporters such as Tata Consultancy services rose on earnings optimism while Coal India surged on plans for an interim dividend.

Export-driven Tata Consultancy Services provisionally rose 1.1 percent, while Sun Pharmaceutical Industries ended 1 percent higher.

The Sensex provisionally rose 0.16 percent and the Nifty closed 0.17 percent higher to end their weakest start to a year since 2011.

Coal India Ltd shares ended 4.9 percent higher.

(Reporting by Abhishek Vishnoi; Editing by Sunil Nair)

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First Published: Jan 08 2014 | 3:39 PM IST

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