Nifty, Sensex rebound & shares gain on news of Brexit deal

Indian shares developed on the back of gains in Reliance Industries and financial stocks on Thursday and boosted investor sentiment, as the news of Brexit trade deal closure circulated.

The NSE Nifty 50 index rose 0.64% to 13,688.60 by 0352 GMT and was set for its third straight day of gains, while the benchmark S&P BSE Sensex was up 0.63% at 46,742.16.

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Britain and the European Union were on the cusp of striking a narrow trade deal on Thursday, media reports said, boosting Asian equities.

The telecom operator added 3.67 million new customers in October, the highest among other telecom operators in the country, data showed on Wednesday.

Bucking the trend, the Nifty IT index inched 0.3% lower after hitting record peaks in the previous two sessions.

Biscuit maker Mrs Bectors Food Specialities is slated to make its market debut later on Thursday.