Sensex rises, monetary policy awaited
By IANSMonday, January 24, 2011
MUMBAI - A benchmark index for Indian equities markets Tuesday rose in early trade ahead of the monetary policy review by the Reserve Bank of India which is expected to result in a hike of key interest rates.
The 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE), which opened at 19,227.42 points, was ruling at 19,237.78 points - up 86.5 points or 0.45 percent from its previous close at 19,151.28 points.
The 50-scrip S&P CNX Nifty of the National Stock Exchange too was in the green, trading 0.43 percent higher at 5,767.75 points.
Broader markets were ruling moderately higher with the BSE midcap index up 0.35 percent and the BSE smallcap index up 0.27 percent.
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