Sensex ends higher; IT stocks lead

Indian shares ended higher on Thursday as IT stocks such as Infosys Ltd and Tata Consultancy Services Ltd (TCS) gained on the back of a weaker rupee.

The broader NSE Nifty closed 0.8 per cent higher at 10,513.85 while the benchmark BSE Sensex ended 0.93 per cent stronger at 34,663.11.

Nifty IT index ended 2.31 per cent higher with Infosys gaining 2.96 per cent and TCS firming up 3.31 per cent.

Financial stocks also advanced with HDFC Bank gaining 0.9 per cent and Housing Development Finance Corp Ltd ending 1.3 per cent higher.