Nifty, Sensex rise in special 'muhurat' trading session on Diwali

Indian shares made modest gains in a special “muhurat” one-hour trading session for Diwali on Wednesday, shored up by large-cap IT and financial stocks.

The benchmark Sensex rose 0.7% to 35,237.68, while the broader Nifty climbed 0.65% to 10,598.4.

Software services exporter Infosys Ltd was the top boost to the Nifty with a gain of 1.4%.

Manappuram Finance Ltd climbed 4.9% after the non-banking financial company on Tuesday reported strong quarterly earnings.

Auto stocks also saw strong buying interest with the Nifty Auto index rising nearly 1%. Mahindra and Mahindra Ltd led the gains with a rise of 1.9% and was the biggest percentage gainer on the NSE index.

E-commerce company Infibeam Avenues Ltd surged 14.1% to its best close in over two weeks.