Indian markets end in positive territory on Monday, awaits new governor's policy review
Strong auto sales reports and the likely easing of geo-political tensions between India and Pakistan also boosted market sentiments.
Key auto stocks that gained on Monday included Maruti Suzuki, Hero Motocorp, Eicher Motors, Tata Motors, Mahindra & Mahindra, TVS Motor and Bajaj Auto.
On Tuesday, the new governor of the Reserve Bank of India will present the monetary policy, where, according to market reports, the policy rates are likely to remain intact but the remarks of the committee will provide an indication of future policy plans.
Some of the other key stocks that ended as gainers on Monday were Zee Entertainment,BPCL, HDFC, HDFC Bank, Asian Paints, Reliance Industries, ICICI Bank and Sun Pharma whereas Infosys and TCS were among the losers.
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