Sensex gains; auto shares, Sun Pharma up

Tue Dec 18, 2012 10:29am IST

People walk past the Bombay Stock Exchange (BSE) building in Mumbai May 18, 2009. REUTERS/Punit Paranjpe/Files

People walk past the Bombay Stock Exchange (BSE) building in Mumbai May 18, 2009.

Credit: Reuters/Punit Paranjpe/Files

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A statue of Ganesh, the deity of prosperity, is carried in a taxi to a place of worship on the first day of the ten-day-long Ganesh Chaturthi festival in Mumbai August 29, 2014. REUTERS/Danish Siddiqui

Ganesh Chaturthi Festival

During Ganesh Chaturthi idols will be taken through the streets in a procession accompanied by dancing and singing, and will be immersed in a river or the sea in accordance with Hindu faith.  Slideshow 

Reuters Market Eye - The BSE Sensex is up 0.27 percent while the Nifty gains 0.2 percent.

Tata Motors (TAMO.NS) gains 1.9 percent, up for a fourth day, after stronger-than-expected November sales at Jaguar Land Rover (JLR) reduced concerns about the outlook for the key unit of the Indian auto maker.

Sun Pharmaceutical Industries (SUN.NS) gains 2 percent after it said on Monday Caraco Pharmaceutical Laboratories Ltd. (Caraco), its wholly-owned subsidiary, has acquired URL generic business from Takeda Pharmaceutical Company (4502.T).

Caution also prevails ahead of the RBI policy review. India's central bank is expected to keep interest rates on hold.

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