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MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Sensex ends higher as banking, auto stocks lead gains

Reuters
A broker monitors share prices at a brokerage firm in Mumbai August 5, 2011. REUTERS/Danish Siddiqui/Files (Reuters)

REUTERS - Indian shares ended higher on Wednesday, after three straight sessions of falls, tracking gains in European shares and boosted by a recovery in banking and auto stocks back home. The Nifty ended 0.45 percent higher at 8,745.15, while the Sensex closed 0.24 percent higher at 28,292.81. The Nifty Bank Index and the Nifty Auto Index gained as much as 0.93 percent and 1.50 percent, respectively, recovering from three sessions of declines. (Reporting by Darshana Sankararaman in Bengaluru; Editing by Amrutha Gayathri)