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Indian market closes strong on Tuesday, RBI Monetary Policy Committee to meet on Wednesday

Indian market closes strong on Tuesday, RBI Monetary Policy Committee to meet on Wednesday

India Blooms News Service | | 01 Aug 2017, 05:15 pm
Mumbai, Aug 1 (IBNS): The Indian market closed strong on Tuesday with the BSE Sensex up 60.23 points at 32,575.17 and the NSE Nifty up 37.55 points to end at a record 10,114.65.

According to economic experts, the monetary policy committee meeting on Wednesday is likely to push for a rate cut, which the market may have already priced in.

Top gainers on Tuesday include Hero Motocrop, Eicher Motors, Maruti Suzuki, Wipro, Tech Mahindra, M&M, BPCL, Hindalco, Aurobindo Pharma and HUL while Lupin, ONGC, Bank of Baroda, SBI, Asian Paints and HDFC declined.

 

Image:  Wikimedia Commons

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