Indian Stocks Close Higher

The Sensex rises 15 points.
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MUMBAI -- Indian stocks rose modestly Wednesday, with the Sensex index gaining 14.78 points, or 0.11%, to close at 13,616.73.

The gainers on the index were

ACC

, which gained 4.22%,

Grasim Industries

, up 2.75%,

ITC

, up 2.45% and

Dr. Reddy's Laboratories

(RDY) - Get Report

, up 1.64%.

Among decliners were

Cipla

, which dropped 2.53%,

ONGC

, down 1.26%, and

Bharti Airtel

, off 1.20%.

Gujarat NRE Coke

surged 19.89% after the company announced that it has acquired 85% in

Zelos Resources

, which shall now be named as

Gujarat NRE Resources NL

.

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