By Nick Godt
MUMBAI (MarketWatch) -- Indian stocks ended higher on Wednesday, receiving a lift from the financial sector a day after Finance Minister Pranab Mukherjee introduced proposals to reform tax and banking laws. The Sensex [xx:sensex] rose 217.86 points, or 1.2%, to end at 18,206.16, with 26 of its 30 stocks rising. Heavyweight Reliance Industries Ltd. (IN:500325 1,013, +13.15, +1.32%) was among the gainers, up 1.3%, along with HDFC Bank Ltd. (IN:500180 2,164, +12.85, +0.60%) , ICICI Bank Ltd. (IN:532174 1,041, +37.70, +3.76%) , and State Bank of India (IN:500112 2,647, +25.75, +0.98%) . The S&P/CNX Nifty gained 1.2% to 5,480.25. |
