Financial, IT stocks propel Sensex higher for 5th session, up 170 points
Indian equity indices rose for the fifth consecutive day, led by banking, financial, auto, and IT stocks. The Sensex gained 170 points, while the Nifty added 44 points. Shares of Gujarat state PSUs closed up to 20% higher after the Gujarat Government announced a new policy for minimum levels of dividend distribution and bonus shares for its PSUs, including listed companies.
