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Sensex rises ahead of Gujarat state polls; automakers gain


By Jessica Kuruthukulangara(Reuters) - Indian shares rose for the second straight session on Friday amid hopes the ruling Bharatiya Janata Party (BJP) would win critical state elections in Gujarat beginning this weekend, while automakers gained on reports of an expected price hike next year.The election in Prime Minister Narendra Modi's home state is a key test for the BJP, ahead of general elections in 2019. The results will be out later this month.According to polls, the BJP could win, but with a reduced majority - an outcome that would still soothe investors, who are hoping for more ...

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First Published: Fri, December 08 2017. 11:46 IST