Reuters Market Eye - The BSE Sensex is up 1.1 percent, while the broader Nifty gains 1.07 percent, turning just about flat for the year after steadily climbing since last month to recover from January's falls.
Only Indonesia among the "Fragile Five" economies seen vulnerable to the U.S. Federal Reserve's stimulus tapering has turned positive for 2014, mainly due to strong foreign flows.
Overseas investors bought Indian shares worth 1.98 billion rupees on Monday, despite a selloff in emerging markets over military tensions in Ukraine, extending their buying streak to the 12th day for a total of $765 million.
Among blue-chips, ICICI Bank gains 3.3 percent while ITC is up 0.9 percent.
(Reporting by Abhishek Vishnoi)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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