State Bank of India leads Sensex to new closing high
Advertisement

State Bank of India leads Sensex to new closing high

By Reuters

  • 31 Jul 2017
State Bank of India leads Sensex to new closing high
Credit: Reuters

Indian shares ended at a record closing high on Monday led by State Bank of India after the nation's biggest lender cut deposit rates on the majority of its savings accounts while investors awaited a rate cut by the central bank later this week.

The broader NSE Nifty closed up 0.63 percent at 10,077.10, a record closing high, and notched up a monthly gain of 5.84 percent.

The benchmark BSE Sensex ended 0.63 percent higher at 32,514.94, also a record-high close, and gained 5.15 percent during the month.

Advertisement

Share article on

Advertisement
Advertisement
Google News Icon

Google News

Follow VCCircle on Google News for the latest updates on Business and Startup News