Wednesday, 24 May 2017

Sensex rises; Tata Motors rallies >> Get Free Stock Tips- SUBSCRIBE FREE



Indian shares rose on Wednesday with Tata Motors Ltd leading the gains after the automaker reported a better-than-expected quarterly profit.

However, gains were capped as investor sentiment remained tepid after India on Tuesday said it attacked Pakistani army posts in Kashmir, while a slip in Asian shares after a Moody's downgrade on its sovereign credit rating on China also hurt risk appetite.

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.2 percent.

Sentiment is slightly impacted due to the fall in Asian shares. Broadly, the Indian market is gaining on optimism from strong quarterly results, especially from Tata Motors.

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