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Sensex, Nifty post highest closing levels since early February

By Reuters

  • 12 Jun 2018
Sensex, Nifty post highest closing levels since early February
Credit: Reuters

Indian shares rose on Tuesday, in line with broader Asian peers, as sentiment turned upbeat after U.S. President Donald Trump and North Korean leader Kim Jong Un pledged to work towards complete denuclearisation of the Korean peninsula.

The benchmark BSE Sensex closed up 0.59 percent at 35,692.52, while the broader NSE Nifty ended 0.52 percent higher at 10,842.85 ahead of retail inflation data that will be released later in the day.

Both indexes posted their highest closing level since Feb. 1.

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Lupin Ltd led gains on the NSE index, ending 6.4 percent higher. The Nifty Pharma index rose 2.58 percent to close at its highest in over one month.

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