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Indian shares gain nearly 1 pct after 3 days of falls
October 15, 2015 / 10:24 AM / 2 years ago

Indian shares gain nearly 1 pct after 3 days of falls

MUMBAI, Oct 15 (Reuters) - Indian shares rose nearly 1 percent on Thursday to post their first gaining session in four, as consumer demand-related firms such as Maruti Suzuki rose on hopes for a surge in sales during the coming festive season.

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

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

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

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

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