Bombay Stocks Close Higher

The BSE Sensex hits another high.
Author:
Publish date:

Bombay stocks hit another high Thursday.

The BSE Sensex rose 61 to close at 10,626.7 on reports of a nuclear cooperation pact between the U.S. and India.

The top gainer was telecom company

Bharti Tele Ventures

, which shot up 5%.

Tata Power

rose 2.5% and oil exploration major

ONGC

added 2.3%.

Auto stocks continued their rise.

Tata Motors

rose 2%,

Hero Honda

ticked up 0.3% and

Bajaj Auto

moved up 0.2%.

Maruti Udyog

gained 2.1% on news it reduced the price of its Baleno sedan.

Indian Oil

rose 1.2% on the news that it has sold half of its holding in

Gail India

to domestic and overseas financial institutions including

Life Insurance Corp

and

ICICI Prudential

.

Auto component maker

Amtek Auto

gained 1.9% on the news that the company will acquire Benda Amtek.

The top loser was

Infosys

(INFY) - Get Report

, which fell 1.8% , followed by cement manufacturer

ACC

, down 1.4%.

Dr. Reddy's

(RDY) - Get Report

, India's third-biggest drug maker, slipped 0.7%.

This story was created through a joint venture between TheStreet.com and IRIS.