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India’s benchmark stock index rose for the second day, led by Tata Consultancy Services Ltd. after it won a multimillion dollar outsourcing deal.
Tata Consultancy, India’s biggest software services exporter, rose 1 percent after it won a contract from Singapore’s People’s Association, according to a statement from the company. Oil India Ltd., the nation’s second-biggest state- owned energy explorer, advanced 6 percent on its trading debut.
The Bombay Stock Exchange’s Sensitive Index, or Sensex, rose 40.75, or 0.2 percent, to 16,893.66 at 9:59 a.m. in Mumbai. The S&P CNX Nifty Index on the National Stock Exchange climbed 0.1 percent to 5,011.65. The BSE 200 Index gained 0.3 percent to 2,072.36.
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