Sensex closes higher as bank stocks have another good day

By Reuters

  • 27 Mar 2018
Credit: Reuters

Indian shares closed higher for a second straight session on Tuesday, with lenders such as State Bank of India among leading gainers, as a surprise cut in the government's borrowing programme for the next fiscal year lifted sentiment.

The broader NSE Nifty closed 0.53 percent higher at 10,184.15, while the benchmark BSE Sensex ended up 0.33 percent at 33,174.39.

The Nifty PSU bank index climbed 3 percent, with SBI closing 2.8 percent higher.