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Stocks

India Sensex gains most in more than a month as carmakers, banks advance

Tata Motors, Bajaj Auto, Maruti Suzuki among major movers

MUMBAI (NewsRise) -- Indian shares climbed the most in more than a month on Thursday, led by a recovery in automakers and banks.

The BSE Sensex advanced 1.1%, its biggest jump since Nov. 1, to 32,949.21 and the Nifty 50 Index rose 1.2% to 10,166.70. Tata Motors added 1.4% after the company said sales volumes of its Jaguar Land Rover unit increased 10% in November. Two-wheeler maker Bajaj Auto ended a losing spell that started last Thursday, climbing 2.8%. Maruti Suzuki India rallied 3.3% to reach record highs. The nation's biggest carmaker is among the best performers this month after reporting robust November sales.

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