Sensex Heads for Longest Winning Streak in Nearly 10 Months

Mumbai: The BSE Sensex rose on Wednesday, heading for a ninth straight session of gains, its longest winning streak in nearly 10 months, as defensive shares gained on hopes monsoon will aid sales, while continued optimism over Greek debt talks also helped. The BSE healthcare and FMCG indices rose 1.2 per cent each. Sentiment was also buoyed as monsoon progress raised expectation that the Reserve Bank of India (RBI) will cut rates i...