Indian shares rise ahead of inflation data; Yes Bank, Tata Motors shine [Reuters]
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Source: Reuters
Indian shares rise ahead of inflation data; Yes Bank, Tata Motors shine - Reuters 3 Min Read * Both NSE, BSE indexes up about 0.3% * Yes Bank stock top percentage gainer on the NSE index * Wipro top loser on the NSE index By Chandini Monnappa Sept 11 (Reuters) - Indian shares rose on Wednesday, led by Yes Bank Ltd and Tata Motors Ltd, ahead of key inflation data release, while gains in broader Asia amid easing Sino-U.S. tensions also buoyed trading sentiment. The broader NSE index rose 0.29% at 11,035.05 as of 0507 GMT, while the benchmark BSE index was up 0.33% at 37,267.24. MSCI’s broadest index of Asia-Pacific shares outside of Japan rose 0.4% Domestic investors awaited consumer price index data due on Thursday. The country’s retail inflation likely rose to a 10-month high in August, while staying below the Reserve Bank of India’s medium-term target of 4%, a Reuters poll of economists showed. Shares of Yes Bank Ltd rose as much as 7.7% and was the top gainer on the NSE index. The b
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