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MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, WITH GDP ON DECK

Owner of Facebook and Instagram plans to spend up to US$10B on AI infrastructure investments

Sensex rises for fifth straight session

Reuters
A broker laughs while speaking to a colleague, as they trade on their computer terminals at a stock brokerage firm in Mumbai, March 4, 2015. REUTERS/Shailesh Andrade/Files

MUMBAI (Reuters) - Indian shares rose for a fifth straight session on Monday after earnings of blue chips such as Hindalco Industries Ltd beat street estimates, boosting hopes that the economy was recovering.

The broader NSE Nifty rose 0.27 percent to 8,178.50, and has now gained 5.5 percent over the five sessions to Monday.

The benchmark BSE Sensex advanced 0.27 percent to 26,725.60. Hindalco ended 12 percent higher.

(Reporting by Manoj B Rawal; Editing by Subhranshu Sahu)