BENGALURU: Indian shares rose for a fourth straight session on Wednesday, led by banking and automotive shares after the nation’s finance minister mentioned decreasing taxes on some forms of automobiles was a “good suggestion”.
The NSE Nifty 50 index was up 0.27% at 11,503.15 by 0400 GMT, whereas the S&P BSE Sensex was 0.25% greater at 38,937.13.
All 12 main sectoral indexes have been greater and the Nifty autos index rose essentially the most with a 1.6% climb. Hero Moto Corp rose 3.6%, whereas Bajaj Auto climbed 2.9%.
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Indian Finance Minister Nirmala Sitharaman, talking to business executives at a digital briefing, mentioned so-called two-wheeler automobiles merited a price revision, in response to a query about reducing items and companies tax charges on these automobiles, the Confederation of Indian Business mentioned on Tuesday.
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Sensex, Nifty Rise For Fourth Session As Autos, Banks Achieve => Fireplace Breaks Out In ICU Unit Of Gujarat’s Guru Gobind Singh Govt Hospital In Jamnagar | High18
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