Sensex up cement shares extend gains

SENSEX-UP-CEMENT-SHARES-EXTEND-GAINS:Sensex up cement shares extend gains

 

Reuters Market Eye - The Sensex gains 0.16 percent, while the Nifty advances 0.15 percent. Cement companies extend a recent rally on continued hopes for more infrastructure-related initiatives from the government and hopes for increased construction activity after the end of the monsoon period.

Ambuja Cement gains 1.8 percent after earlier hitting a record high at 214.40 rupees.

Hero MotoCorp shares falls 1.5 percent after September vehicle sales fell 26 percent.

Bajaj Auto shares down 1 percent after September sales declined 14 percent.