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Updated from 5:38 p.m. EDT
Indian stocks advanced Wednesday as technology majors continued to show momentum a day after information technology leader Infosys Technologies (INFY Quote) posted strong fourth-quarter earnings and provided a bullish full-year forecast.
Dealers in the Far East said that investor sentiment is improving, backed by the strong follow-through performance in technology shares. Market players are becoming more confident that a tradable bottom is now in place for Indian equity markets as volatility subsides and the markets return to focusing on fundamentals.
The Bombay Stock Exchange's benchmark 30-stock Sensex Index finished up 90.5 points, or 0.6%, at 16,244. ...
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