India shares end higher; PSU energy stocks gain ahead of cabinet meeting - Reuters
20-Nov-2019 04:01:23 PM
Nov 20 (Reuters) - Indian shares ended higher on Wednesday, helped by gains in Reliance Industries and a surge in some public sector energy stocks, as investors waited for a cabinet meeting that will likely discuss stake sale in some government-owned companies.
The NSE Nifty 50 index .NSEI ended 0.5% higher at 11,999.10, while the S&P BSE Sensex .BSESN was 0.42% higher at40,623.90.
Reliance Industries RELI.NS closed 2.51% higher and had earlier hit a fresh peak of 1572.40 rupees.
Zee Entertainment Enterprises ZEE.NS ended up 7.4% and was the top gainer on the Nifty 50 index. Bharti Infratel's BHRI.NS shares fell 3.85% and was the top loser.
Nifty energy stocks .NIFTYENR rose 1.4%, led by gains in Bharat Petroleum Corp BPCL.NS, while the pharma index .NIPHARM surged 3.26%.