Indian shares rise over 1 pct, post first weekly gain in 4

April 1, 2015 10:38 AM

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MUMBAI, April 1 (Reuters) - Indian shares rose on Wednesday, posting their first weekly gain in four and the biggest since Jan. 23 week, as banks rallied ahead of the central bank's policy review, while Sun Pharmaceutical Industries and Ranbaxy Laboratories surged ahead of a planned merger.

Sentiment was also bolstered by firmer European shares on the back of data showing manufacturing activity across the euro zone accelerated faster than previously thought.

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