BLBG : India’s Stock Benchmark Advances, Erasing Earlier Loss
Aug. 21 (Bloomberg) -- India’s benchmark stock index rose, erasing an earlier loss, led by Hero Honda Motors Ltd. and Mahindra & Mahindra Ltd.
Hero Honda, India biggest motorcycle maker, gained 2.9 percent to 1,455.2 rupees. Mahindra & Mahindra, the largest maker of sport-utility vehicles and tractors, added 2.1 to 790.15 rupees.
The Bombay Stock Exchange’s Sensitive Index, or Sensex, rose 67.20, or 0.5 percent, to 15,079.52 at 1:21 p.m. in Mumbai. The S&P CNX Nifty Index on the National Stock Exchange gained 0.6 percent to 4,479.80. The BSE 200 Index advanced 0.5 percent to 1,847.11.
To contact the reporter on this story: Rajhkumar K Shaaw in Mumbai at rshaaw@bloomberg
