Alexa

Indian shares move up, led by auto, technology issues

Indian shares move up, led by auto, technology issues

Indian shares gained Thursday, led by automobile, technology and bank stocks.
The Bombay Stock Exchange's 30-share Sensex index rose 129 points, or 0.8 percent, to 15,122.
On the broader National Stock Exchange, the 50-company S&P Nifty index gained 53 points, or 1.2 percent, to 4,412.
Automobile company Mahindra & Mahindra Ltd. led the gains, rising 3 percent to 675 rupees, followed by Bajaj Auto Ltd., which gained 2 percent to 2,365 rupees.
Software company Wipro Ltd. climbed 1.3 percent to 476 rupees and Infosys Technologies Ltd. moved up 1.3 percent to 1,858 rupees.
Banks also gained, with HDFC Bank Ltd. closing up 2.2 percent at 1,182 rupees and ICICI Bank Ltd. ending up 1.8 percent at 872 rupees.