Indian shares set to snap 3-week losing streak; drug makers rise

April 1, 2015 9:32 AM

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MUMBAI, April 1 (Reuters) - Indian shares rose on Wednesday, on track to snap a three-week losing streak, led by gains in pharmaceutical stocks such as Sun Pharmaceutical Industries and Ranbaxy Laboratories ahead of the latter's amalgamation with the former.

The benchmark indexes have so far gained 2.3 percent each for the week, also heading towards their biggest weekly gains since week ended Jan. 23, 2015.

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