Indian shares gain as financials rebound, SBI results awaited

Indian shares gain as financials rebound, SBI results awaited

A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, India, June 29, 2015. REUTERS/Danish Siddiqui

Indian shares rose on Friday, helped by a rebound in financial stocks, as investors awaited quarterly earnings results from State Bank of India, the country’s largest lender by assets.

The blue-chip NSE Nifty 50 index (.NSEI) climbed 0.55% to 14,987.85 by 0355 GMT, while the benchmark S&P BSE Sensex (.BSESN) rose 0.57% to 49,845.78.

Investor sentiment was also helped by a rise in broader Asian markets, following overnight gains on Wall Street as fears…

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