(MENAFN- Gulf Times) The S & P BSE Sensex Index rose 1.1% to 32,196.69. The move was the biggest since rising 1.5% on May 25 and follows the previous session's decrease of 0.3%. The MSCI Asia Pacific Index advanced 0.4%.
HDFC Bank Ltd contributed the most to the advance, rising 1.4%. Reliance Industries Ltd increased 4%, the biggest gain. Bharti Airtel Ltd fell 0.8%, the biggest loss. The biggest movers also included: Tata Consultancy, up 1.9%; Kotak Mahindra, up 1.6%; and Coal India, down 0.3%.
In the past year, the index had a similar or greater gain eight times and continued to rise the next day by an average 0.2%. It advanced five times for an average 0.4% and declined three times for an average 0.13%.
Today, 28 of 31 shares rose, while 3 fell. The Sensex is up 21% so far this year. The index is 25% above its 52-week low of 25,717.93 reached on November 21 and 1.5% below its 52-week high of 32,686.48 on August 2.
The Indian rupee appreciated 0.12% to 65.06 against the US dollar. Credit default swaps were unchanged at 71.14. Benchmark 10-year bond yields rose 0.6 basis points to 6.746%.
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