Top sectoral gainers and losers on NSE
The S&P BSE Sensex ended at 35,930, up 151 points or 0.4 per cent, while the broader Nifty50 index settled at 10,792, up 54 points or 0.5 per cent.
Among the sectoral indices, the Nifty PSU Bank index rose 1 per cent led by Indian Bank, State Bank of India (SBI) and Vijaya Bank as the newly appointed Reserve Bank of India (RBI) Governor Shaktikanta Das held a meeting with heads of the public sector banks. The Nifty Auto index, too, rose nearly 1 per cent led by Maruti Suzuki and Tata Motors.
Shares of YES Bank fell 6.3 per cent to Rs 175 apiece on the National Stock Exchange (NSE) after the private sector lender said it is yet to finalise the name of MD & CEO. The bank held board meeting during the day where it finalised a part-time non-executive Chairman and said the final recommendations with respect to MD & CEO will be submitted to the Reserve Bank of India (RBI) after January 9, 2019.
(with Reuters inputs)