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Sensex gains nearly 1 percent after three days of falls
October 15, 2015 / 9:59 AM / 2 years ago

Sensex gains nearly 1 percent after three days of falls

MUMBAI (Reuters) - India’s stock markets rose nearly 1 percent on Thursday to post their first gaining session in four, as consumer demand-related firms such as Maruti Suzuki (MRTI.NS) rose on hopes for a surge in sales during the coming festive season.

A broker laughs while speaking to a colleague, as they trade on their computer terminals at a stock brokerage firm in Mumbai, March 4, 2015. REUTERS/Shailesh Andrade/Files

Maruti Suzuki shares rose 3 percent. Meanwhile, Tata Motors Ltd (TAMO.NS) surged 8.2 percent, after unit Jaguar Land Rover reported a better-than-expected 3 percent sales growth for September.

The broader Nifty rose 0.88 percent to end at 8,179.50, after losing a combined 1 percent over the previous three sessions.

The benchmark BSE Sensex rose 0.86 percent to end at 27,010.14, after falling 1.1 percent over the previous three sessions.

Reporting by Abhishek Vishnoi and Rafael Nam; Editing by Subhranshu Sahu

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