| Log in
Photo Credit: Reuters

Sensex gains a tad in cautious trade; bonds fall on S&P rating move

27 November, 2017

Sensex edged higher for an eighth consecutive session on Monday as private lenders such as Axis Bank extended gains, although sentiment was broadly cautious ahead of economic data due later this week.

Meanwhile, benchmark 10-year bond yields were up 5 bps points at 7.05 percent amid some disappointment after Standard & Poor’s stuck with its “BBB-minus” sovereign rating for India, declining to follow Moody’s recent decision to upgrade the country’s rating.

The broader NSE Nifty closed up 0.09 percent at 10,399.55, after earlier falling as much as 0.5 percent. The benchmark BSE Sensex ended 0.13 percent higher at 33,724.44, after earlier falling as much as 0.4 percent.

Like this report? Sign up for our daily newsletter to get our top reports.


Leave Your Comment
Sensex ends higher for a seventh session; bonds slide

Sensex ends higher for a seventh session; bonds slide

Reuters 2 weeks ago
Indian shares ended higher for a seventh straight session on Friday as IT firms...
Sensex stretches gaining streak to fifth day

Sensex stretches gaining streak to fifth day

Reuters 3 weeks ago
Indian shares rose for a fifth straight session on Wednesday, helped by a late...
Sensex closes flat after banking stocks fall; Infosys gains

Sensex closes flat after banking stocks fall; Infosys gains

Reuters 4 months ago
Indian shares ended nearly flat on Thursday paring early gains due to a decline...
No Comments

Sensex gains a tad in cautious trade; bonds fall on S&P rating move

Powered by WordPress.com VIP