Indian shares rise; energy, automobile shares jumps

Published: September 07, 2018 17:29:50 | Updated: September 11, 2018 10:54:28


Indian shares ended higher on Friday helped by gains in energy and automobile stocks as the rupee regained some lost ground, but the benchmark indexes logged their worst week since end June.

The BSE Sensex rose 0.38 per cent to 38,389.82, but finished the week 0.66 per cent lower. The broader NSE Nifty advanced 0.45 per cent to 11589.10, but posted a 0.78 per cent loss on week, reports Reuters.

Reliance Industries Limited, up 1.4 per cent, was the top boost to the index. The Nifty Auto index climbed 2.2 per cent, with Hero MotoCorp Limited, up 5.2 per cent, topping the gains.

Indian rupee traded at around 71.74 per dollar. It recovered 29 paise from the day's low point of 72.03 after its opened marginally higher at 71.95 per dollar.

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