Nifty edges higher in cautious trade ahead of policy

Image
Reuters
Last Updated : Aug 05 2014 | 11:09 AM IST

Reuters Market Eye - The Nifty gains 0.13 percent while the Sensex is up 0.15 percent. However, caution remains ahead of the RBI's policy review later in the day.

Technology stocks and defensives such as healthcare leading gains. Infosys Ltd gains 1.1 percent, adding to its 3.7 percent gain on Monday. Sun Pharmaceutical Industries is up 1.7 percent, while Dr Reddy's Laboratories gains 0.6 percent.

Asian stocks slip after a survey showed China's services sector growth fell to a record low.

(Reporting by Indulal PM)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 05 2014 | 10:41 AM IST

Next Story