August 20, 2018 / 6:13 AM / Updated an hour ago
Nifty, Sensex post record close; L&T top gainer
(Reuters) - Indian shares rose on Monday to record closing levels, driven by Larsen & Toubro on a buyback proposal, while Infosys Ltd declined following the resignation of its chief financial officer.
A broker laughs while speaking to a colleague, as they trade on their computer terminals at a stock brokerage firm in Mumbai, March 4, 2015. REUTERS/Shailesh Andrade/Files
The benchmark BSE Sensex closed 0.87 percent higher at 38,278.75, while the broader NSE Nifty ended up 0.71 percent at 11,551.75.
Shares of Larsen & Toubro rose 6.7 percent and Reliance Industries Ltd gained 2.6 percent, while Infosys fell 3 percent.
Reporting by Tanvi Mehta in Bengaluru; Editing by Subhranshu Sahu
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