Indian shares rose on Monday as hopes for imminent coronavirus vaccines helped boost global investor sentiment, while Reliance Industries led gains domestically after winning regulatory approval for a $3.4 billion deal. The NSE Nifty 50 index was up 0.49% at 12,929.15. The S&P BSE Sensex climbed 0.51% to 44,105.39.
The first COVID-19 vaccines could be given to U.S. healthcare workers and others recommended by mid-December, a top health official said on Sunday, helping Asian stock markets trade higher on Monday. In India, Reliance Industries advanced 3% after the country’s competition watchdog approved its deal to buy Future Group’s retail assets.
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