India, Sept. 3 -- Indian shares closed higher on Wednesday despite weak cues from global markets as investors grappled with rising bond yields and renewed trade uncertainty.
Benchmark indexes Sensex and Nifty reversed early losses after a survey showed India's service sector growth accelerated to more than a 15-year high in August on the back of surging new orders.
New orders grew at the quickest pace in over fifteen years, and the rate of expansion in international sales was the third strongest in the survey history amid greater demand from clients in Asia, Europe, the Middle East, and the United States, according to the HSBC India Services Purchasing Managers' Index (PMI) survey.
Investors also looked ahead to a key Goods and Services ...