REUTERS - The Nifty rose 0.7 percent on Monday to close above 10,000 points for the first time in more than a month, as auto makers such as Maruti Suzuki Ltd gained after an increase in the goods and services tax was less wide-ranging than expected.
The BSE Sensex climbed 0.61 percent to 37,882.16, while the broader NSE Nifty rose 0.72 percent to 10,006.05, closing above the 10,000 level for the first time since August 7.
Shares of Maruti Suzuki closed 2.15 percent higher. Meanwhile, IndusInd Bank Ltd rallied 5.6 percent after saying it had entered into exclusive talks with Bharat Financial Inclusion Ltd for a potential merger.
(Reporting by Vishal Sridhar in Bengaluru; Editing by Subhranshu Sahu)
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app