Indian shares rose on Wednesday, led by gains in banking and energy stocks, with broader Asian markets also higher on renewed hopes for a new US stimulus.
The NSE Nifty 50 index <.NSEI> rose 0.77% to 11,988.00 by 0353 GMT, while the S&P BSE Sensex <.BSESN> was up 0.78% at 40,858.85.
The Nifty Bank index <.NSEBANK> was up 1.1%, boosted by a 1.3% gain for lender HDFC Bank
Reliance Industries
The Nifty Energy index <.NIFTYENR> was up 0.9%
The White House and Democrats moved closer to an agreement on a new Covid-19 relief package as US President Donald Trump said he was willing to accept a large aid bill despite opposition from his own party.