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Indian benchmark indices end Monday on four-month high

| | Feb 06, 2017, at 11:13 pm
Mumbai, Feb 6 (IBNS): The Indian market ended Monday on a somewhat high note, closing at a four-month high, largely banking on hopes of a rate cut in the forthcoming Reserve Bank of India policy meet, according to media sources.

BSE Sensex was up 198.76 points at 28439.28 and the NSE Nifty gained 60.10 points at 8801.05, the highest closing level since September 23, 2016.

The RBI policy meet is scheduled on Wednesday.

Top stocks on the BSE Sensex on Monday were Sun Pharma, ICICI Bank, Adani Ports and HUL while Dr Reddy’s, Cipla and ONGC were the losers.

 

Image: Wikimedia Commons

#BSE #NSE #Sensex #Nifty #Indiansharemarket #RBI

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