India shares close higher on trade optimism
(Il Sole 24 Ore Radiocor) - Milano, 12 nov - Indian share prices closed higher, supported by optimism over India-US trade talks and progress in the US Senate towards ending the record-long government shutdown.
Hopes of Federal Reserve rate cuts next month also supported sentiment, while confidence was further lifted by exit poll results from the Bihar Assembly elections indicating a likely win for the incumbent National Democratic Alliance.
Gains were led by tech and banking stocks.
The BSE Sensex rose 0.70% to close at 84,466.51 points and.
the NSE Nifty gained 0.70% to 25,875.80 points.
(RADIOCOR) 12-11-25 11:17:38 (0282) 5 NNNN