You are here: Home » Reuters » News
Business Standard

Nifty, Sensex edge higher; financials drag

Reuters 

(Reuters) - Indian edged up on Monday, as stronger Asian and gains in retailing firms offset falls in lenders after the central bank temporarily hiked the reserve ratio to absorb the surge in deposits from the country's drive.

The BSE index rose 0.13 percent to 26,350.17, having fallen as much as 0.51 percent in the session.

The broader NSE index rose 0.16 percent to 8,126.90, with State Bank of and dragging the index.

(Reporting by Tanvi Mehta in Bengaluru; Editing by Sunil Nair)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

RECOMMENDED FOR YOU

Nifty, Sensex edge higher; financials drag

(Reuters) - Indian shares edged up on Monday, as stronger Asian shares and gains in oil retailing firms offset falls in lenders after the central bank temporarily hiked the cash reserve ratio to absorb the surge in deposits from the country's demonetisation drive.

(Reuters) - Indian edged up on Monday, as stronger Asian and gains in retailing firms offset falls in lenders after the central bank temporarily hiked the reserve ratio to absorb the surge in deposits from the country's drive.

The BSE index rose 0.13 percent to 26,350.17, having fallen as much as 0.51 percent in the session.

The broader NSE index rose 0.16 percent to 8,126.90, with State Bank of and dragging the index.

(Reporting by Tanvi Mehta in Bengaluru; Editing by Sunil Nair)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Nifty, Sensex edge higher; financials drag

(Reuters) - Indian edged up on Monday, as stronger Asian and gains in retailing firms offset falls in lenders after the central bank temporarily hiked the reserve ratio to absorb the surge in deposits from the country's drive.

The BSE index rose 0.13 percent to 26,350.17, having fallen as much as 0.51 percent in the session.

The broader NSE index rose 0.16 percent to 8,126.90, with State Bank of and dragging the index.

(Reporting by Tanvi Mehta in Bengaluru; Editing by Sunil Nair)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Upgrade To Premium Services

Welcome User

Business Standard is happy to inform you of the launch of "Business Standard Premium Services"

As a premium subscriber you get an across device unfettered access to a range of services which include:

  • Access Exclusive content - articles, features & opinion pieces
  • Weekly Industry/Genre specific newsletters - Choose multiple industries/genres
  • Access to 17 plus years of content archives
  • Set Stock price alerts for your portfolio and watch list and get them delivered to your e-mail box
  • End of day news alerts on 5 companies (via email)
  • NEW: Get seamless access to WSJ.com at a great price. No additional sign-up required.
 

Premium Services

In Partnership with

 

Dear Guest,

 

Welcome to the premium services of Business Standard brought to you courtesy FIS.
Kindly visit the Manage my subscription page to discover the benefits of this programme.

Enjoy Reading!
Team Business Standard