Indian shares ended higher on Monday as telecom stocks rallied after Reliance Industries Ltd`s Jio unit raised data tariffs last week, raising hopes it would usher more pricing discipline across the profit-challenged sector.
The benchmark BSE Sensex closed up 0.36 percent at 32,506.72, while the broader NSE Nifty ended 0.38 percent higher at 10,184.85.
Reliance Industries was the biggest contributor to the gains on the NSE Nifty, rising as much as 3.8 percent to a record high.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Liquor stock under Rs 300: Can this smallcap scrip double your money in 1-2 years? Check targets by Anil Singhvi
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
03:52 PM IST