Nifty, Sensex end higher; auto stocks among top gainers

Indian shares settled higher on Wednesday, ahead of key inflation data, with shares of Yes Bank Ltd witnessing its best session in over six months.

The broader NSE Nifty ended 0.3 per centhigher at 11,035.70, while the benchmark BSE Sensex closed up 0.34 per centat 37,270.82.

Investors await consumer price index data due on Thursday.

The country's retail inflation likely rose to a 10-month high in August, while staying below the Reserve Bank of India's medium-term target of 4 per cent, a Reuters poll of economists showed.

The Nifty banking index, which tracks both state-owned and private-sector lenders, closed nearly 1 per centhigher with Yes Bank shares gaining as much as 19.57 per cent, it isbiggest intraday spike since February14.

Automakers were among the top gainers on the blue-chip index, with Tata Motors Ltd finishing the session 10.6 per centhigher and Eicher Motors Ltd closing nearly 5 per centup.

Real estate stocks gained too, with the Nifty real estate index adding 4.14 per cent, its biggest intraday rise since May.