Nifty near 15-month closing high; blue chips gain

  • Reuters, Mumbai
  • |
  • Updated: Sep 28, 2012 04:08 IST

India's 50-share index rose on Friday to mark its highest close since July 7, 2011, sparked by optimism that economic reform and budget plans unveiled by Spain will help manage its debt imbalances, while auto shares like Tata Motors also rose ahead of September sales data due Monday.

Tata Motors provisionally rose 2.8%, while Mahindra & Mahindra rose 1.4%.

The BSE index provisionally rose 0.94%, while the 50-share NSE index rose 0.85%.

 

also read

RBI rate cut may sweeten home loans, EMIs set to fall to 7-yr low

blog comments powered by Disqus