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Sensex ends higher as RBI leaves rates unchanged

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Reuters

REUTERS - Indian shares closed higher on Tuesday after the country's central bank kept key rates unchanged, but said it would remain "accommodative" as it keeps a watch on inflation levels.

The broader Nifty closed 0.8 percent higher at 8,266.45, after touching its highest since Oct. 26.

The benchmark Sensex ended up 0.87 percent at 27,009.67, breaching the 27,000 mark for the first time since Oct. 29.

Both indexes had ended lower on Monday.

ICICI Bank Ltd rose as much as 4.6 percent, touching a 6-week high on a fund-raising plan.

(Reporting by Samantha Kareen Nair in Bengaluru; Editing by Sunil Nair)

 

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First Published: Jun 07 2016 | 3:51 PM IST

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