Live Stock Market Closing News

Equity benchmarks snapped three-day winning streak on Monday as investors looked cautious ahead of RBI monetary policy review scheduled to be announced on Tuesday. The 30-share BSE Sensex fell 134.37 points to 28559.62 and the 50-share NSE Nifty slipped 32.35 points to close at 8555.90.

About 1211 shares advanced while 1696 shares declined on the Bombay Stock Exchange.

 Hero Motocorp spiked 4.09 percent ahead of November sales data. Asian Paints surged 7 percent after Bank of America Merrill Lynch upgraded the stock to buy from neutral and has upped target price to Rs 875 from Rs 680.

 HUL, TCS, Axis Bank, DLF and IndusInd Bank rallied 1.5-3.5 percent. Maruti Suzuki trimmed gains to 1.39 percent after it decided to recall 3796 Ciaz cars to replace the relevant part of clutch operation system, but its November sales grew by 19.5 percent year-on-year to 1.1 lakh units.

However, ONGC, BHEL, Hindalco Industries, Reliance Industries, Tata Power, NMDC and Jindal Steel fell 2.5-4 percent.
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