Nifty, Sensex rise for third day, all eyes on corporate results

Image
Reuters
Last Updated : Jan 08 2019 | 4:15 PM IST

(Reuters) - Indian shares rose for the third straight session to close marginally higher on Tuesday, as investors booked some profits and awaited further cues before making bets ahead of the start of another corporate result season.

The benchmark BSE Sensex closed the session 0.36 percent higher at 35,980.93, while the broader NSE Nifty ended up 0.28 percent at 10,802.15.

Gains on the Nifty were driven by ICICI Bank Ltd, with shares rising 3.4 percent to a record high close.

Shares of Bandhan Bank Ltd fell to their lowest since December, while Gruh Finance Ltd tumbled as much as 17.41 percent to their lowest since October after Bandhan announced merger plans late Monday evening.

(Reporting by Chandini Monnappa in Bengaluru; Editing by Rashmi Aich)

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Jan 08 2019 | 4:05 PM IST

Next Story