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.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
