Financial Times FT.com

India shares surge on growth surprise

By Lindsay Whipp in Tokyo

Published: May 29 2009 07:59 | Last updated: May 29 2009 17:16

Indian equities rose strongly on Friday and put in the region’s best performance over the month as better-than-expected economic growth added to existing momentum in the market.

The BSE Sensex index rose 2.3 per cent to 14,625.25, the most since September 10. The benchmark rallied 5.7 per cent this week and 28.3 per cent in May.

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