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Sensex hits four-month high over Kim-Trump talks

File photo Photograph: (PTI)

Reuters Mumbai, Maharashtra, India Jun 12, 2018, 04.06 PM (IST)

Indian shares rose on Tuesday, in line with broader Asian peers, as sentiment turned upbeat after U.S. President Donald Trump and North Korean leader Kim Jong Un pledged to work towards complete denuclearization of the Korean peninsula.

The benchmark BSE Sensex closed up 0.59 per cent at 35,692.52, while the broader NSE Nifty ended 0.52 per cent higher at 10,842.85 ahead of retail inflation data that will be released later in the day.

Both indexes posted their highest closing level since Feb. 1.

Lupin Ltd led gains on the NSE index, ending 6.4 per cent higher. The Nifty Pharma index rose 2.58 per cent to close at its highest in over one month.

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