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Nifty near 15-month closing high; blue chips gain

India's 50-share index rose today 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.

Updated on: Sep 28, 2012, 16:08:09 IST
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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.

HT Image
HT Image

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%.

 
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Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
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