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Indian shares marked a one-week closing high on Wednesday, driven by financials and automakers after the government appointed a new central bank governor quickly, amid state election results raising hopes of increased rural spending. Both the broader NSE index and the benchmark BSE index ended 1.79 percent firmer. The NSE bourse settled at 10,737.6, while the BSE index clocked out at 35,779.07.
Shares of Housing Development Finance Corporation Ltd rose 1.8 percent, while those of Hero MotoCorp Ltd climbed 7.2 percent to its best close in three months. The Nifty Auto Index ended 3.6 percent higher. Bharti Airtel Ltd's stock surged as much as 7.2 percent in the last few minutes of trade, before settling 5.3 percent higher.

Copyright Reuters, 2018

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