Bombay stocks rose for the third straight session Wednesday, putting last week's selloff firmly in the rearview mirror.
The BSE Sensex rose 74 points to close at 11,896, bringing it within 40 points of its April 7 all-time high.
rose 4% and cement major
was up 3.5%.
The major losers were auto manufacturer
and IT name
, each down 1.8%.
, the software firm, lost 7.5% despite posting a 75% rise in profits.
On the other hand,
, the pharma giant, gained 3.2% even though it posted a 25% decline in profit.
Oil & Natural Gas
was buoyed by the news that its overseas arm is eyeing two blocks in Angola, pushing up its share price 1.6%.
This story was created through a joint venture between TheStreet.com and IRIS.