The BSE Sensex gained for a second consecutive session after the Reserve Bank of India lowered minimum bond holding requirements for lenders to spur investment, sending blue-chips such as mortgage lender HDFC and Tata Motors higher.
The BSE Sensex gained 0.72 percent to 25,908.01 points, while the Nifty added 0.82 percent to 7,746.55 points.Hopes that increased lending after the RBI measures would help spur investment lifted some blue-chips.
Auto stocks were among the leading gainers. Mahindra and Mahindra Ltd gained 3.8 percent, while Bajaj Auto Ltd closed up 3.2 percent and Tata Motors Ltd added 2.3 percent.
Real-estate stocks also gained. DLF Ltd was up 2.2 percent while Unitech Ltd added 6.6 percent.
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