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India Shares End Higher Ahead of Federal Budget

Wednesday, February 27, 2013

WN.com - Asia News
Latest headlines from WN Network
India Shares End Higher Ahead of Federal Budget
Feb 27th 2013, 12:36

By GURDEV SINGH VIRK MUMBAI--Indian shares closed higher Wednesday, rebounding from a three-month low hit in the previous session, helped by positive global cues and short-covering in blue chips such as ITC and Larsen & Toubro . Comments by U.S. Federal Reserve Chairman Ben Bernanke helped improve sentiment for equities globally. Speaking at his semiannual report to Congress, Mr. Bernanke said the U.S. central bank's bond-buying program was helping the economy by...
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