MUMBAI Jan 13 Indian shares rose nearly 2
percent to post their biggest daily gains this year on
expectations the central bank will keep interest rates on hold
and the U.S. Federal Reserve will stick to its ultra-loose
monetary policy for longer.
The benchmark BSE index provisionally closed 1.97
percent higher at 21,167.56 points, while the broader NSE index
ended up 1.85 percent at 6,285.35.
Software services exporters, including Infosys Ltd
and Tata Consultancy Services led the gains after
Infosys' quarterly earnings beat expectations on Friday.
(Reporting by Indulal PM; Editing by Prateek Chatterjee)