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Nifty, Sensex rise in special 'muhurat' trading session on Diwali


(Reuters) - Indian shares made modest gains in a special "muhurat" one-hour trading session for on Wednesday, shored up by large-cap IT and financial stocks.

The benchmark Sensex rose 0.7 percent to 35,237.68, while the broader climbed 0.65 percent to 10,598.4.

was the top boost to the with a gain of 1.4 percent.

climbed 4.9 percent after the company on Tuesday reported strong quarterly earnings.

Auto stocks also saw strong buying interest with the Auto index rising nearly 1 percent. led the gains with a rise of 1.9 percent and was the biggest percentage gainer on the index.

company surged 14.1 percent to its best close in over two weeks.

"Muhurat" means auspicious in Hindi, and many traders believe gains made during this session bring prosperity and wealth in the year ahead.

Markets are closed on Thursday, and regular trading resumes on Friday.

(Reporting by in Bengaluru; Editing by Subhranshu Sahu)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, November 07 2018. 19:10 IST