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Sensex ends at highest in 1-1/2 months; Infosys surges

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Reuters MUMBAI

MUMBAI (Reuters) - The BSE Sensex rose about 1.5 percent on Friday marking its highest close in 1-1/2 months as Infosys surged after it defied some analysts' expectations by retaining its revenue growth forecast.

Infosys Ltd closed up 10.91 percent after earlier marking its highest intraday level in nearly two years while its rival Tata Consultancy Services Ltd also ended 2.9 percent higher.

The BSE Sensex closed up 1.44 percent, while the 50-share Nifty ended up gaining 1.25 percent.

(Reporting by Abhishek Vishnoi; Editing by Gopakumar Warrier)

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First Published: Jul 12 2013 | 3:49 PM IST

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