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Nifty, Sensex up for sixth day, Hindustan Unilever gets Horlicks boost

Reuters 

(Reuters) - Indian stocks rose on Monday after a truce in trade relations between the and China, while shares in jumped after its deal involving GlaxoSmithKline's nutrition

The broader NSE closed 0.06 percent higher at 10,883.75, while the benchmark Sensex index ended 0.13 higher at 36,241. Both indexes marked their sixth successive session of gains.

jumped 4.1 percent to its best ever closing level after a deal announced by its Anglo-Dutch parent to buy GlaxoSmithKline's Indian for $3.8 billion.

Meanwhile, shares in Sun Pharmaceutical Industries Ltd, India's top by market value, slid 7.6 percent after a report of a regulatory probe against the company.

(Reporting by in Bengaluru; Editing by Sai Sachin Ravikumar)

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

First Published: Mon, December 03 2018. 16:12 IST
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