<div id="readability-page-1"><div>By Vivek Kumar M Indian shares rose on Monday in broad-based buying, led by financials and information technology stocks, as foreign investors showed signs of returning to domestic equities after a rebound in the rupee, lifting overall sentiment.The Nifty 50 rose 0.61% to 26,128.4 and the BSE Sensex added 0.56% to 85,408.76 as of 10:13 a.m. IST.All the 16 major sectors traded higher. The broader mid-caps and small-caps gained 0.5% and 0.4%, respectively.The 50-stock Nifty index had fallen for three consecutive weeks amid concerns over foreign fund outflows and the rupee's depreciation, while a delay in a potential India-U.S. trade deal also weighed.However, foreign portfolio investors bought Indian shares worth 18.31 billion rupees ($204.42 million) on a net basis on Friday, according to provisional data, taking their purchase to 37.76 billion rupees in the last three sessions.&#34;It appears that the market is heading for a year-end rally... (A reversal in rupee and FPI inflows) can trigger short covering in the market,&#34; said VK Vijayakumar, chief investment strategist at Geojit Investments. The Nifty 50 index needs to surpass 26,050-26,200 zone, which can establish further stability and conviction for further upside in the coming days, said Vaishali Parekh, vice president - technical research at PL Capital. Meanwhile, minutes of the Reserve Bank of India's December policy meeting showed that a potential moderation in economic growth next year, along with subdued inflation, could open space for more interest rate cuts. Infosys added 2.3%, and led the gains among IT stocks, after a sharp surge in its American-traded shares, post Indian market hours on Friday. The IT major clarified there were no material events that required disclosure. GE Vernova T&amp;D India jumped 8% after receiving a multi-year contract from AESL Projects for establishing a high-voltage direct current (HVDC) voltage source converter. </div></div>

INFY

Indian shares rose, led by financials and IT stocks, as foreign investors returned after a rupee rebound. Nifty 50 rose 0.61%, BSE Sensex added 0.56%. All major sectors traded higher. Foreign investors bought shares worth 18.31 billion rupees. Infosys gained 2.3%, GE Vernova T&D India jumped 8% on a new contract. Market sentiment improved, hinting at a year-end rally.

Financials, IT stocks lead Indian shares higher on foreign inflows