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Nifty gains for fourth straight session; auto stocks surge

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Reuters MUMBAI

MUMBAI (Reuters) - The BSE Sensex and Nifty gained for a fourth consecutive session on Wednesday, closing at their highest level in a month as blue chips climbed, tracking stronger global markets, while auto stocks surged on hopes of better sales in the festive season.

The Sensex provisionally closed 0.8 percent higher at 26,787.23, while the Nifty advanced 0.86 percent to 7,995.90.

The Nifty gained as much as 0.97 percent to breach the psychologically important 8,000 level, last hit on Sept. 30.

(Reporting by Indulal PM; Editing by Anand Basu)

 

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First Published: Oct 22 2014 | 3:55 PM IST

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