Markets end lower owing to profit booking
The Reserve Bank of India (RBI) will announce its monetary policy review on Tuesday but Governor Raghuram Rajan is expected to keep t policy rates unchanged, media reported.
On Monday, gains by PSU and select infra stocks partly offset the decline in shares of private banks, pharma and telecom companies.
Lupin, Axis Bank, Sun Pharma, Maruti Suzuki, Bharti Airtel and Hero Motocorp were down on Monday while Mahindra & Mahindra and GAIL advanced.
Image: Wikimedia Commons
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.
Support objective journalism for a small contribution.
