Market Watch

Monday 4 August 2014

Today's Stock Market Highlights by Money CapitalHeight

Indian shares ended higher on Monday after two days of losses as software services exporters such as Infosys rallied on a weaker rupee while lenders gained a day before the central bank's policy review.
Investors will be closely eyeing the Reserve Bank of India's policy review on Tuesday. The central bank is widely expected to keep interest rates on hold.
The broader NSE index ended up 1.07 percent at 7,683.65, while the benchmark BSE index gained 0.95 percent to 25,723.16.
Shares in software services exporters gained after the rupee last week posted its biggest weekly fall since record low levels in August last year.
The local currency rebounded slightly on Monday but was still trading weaker than 61 per dollar.

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