Indian benchmark indices post sixth day of gain on Monday
Upside in Asian peers, chances of GST bill being passed in the monsoon of Parliament and expected improvement in June quarter earnings boosted market sentiment, media reported
After the government hiked kerosene prices for the first time in five years on Monday, share price of ONGC, Oil India, BPCL, HPCL and IOC went up on Monday.
However, selling pressure in FMCG stocks limited the upside in the broader market.
Some of the key stocks that closed as gainers on Monday were ICICI Bank, Tata Motors, Infosys, Reliance Industries and L&T while losers included ITC, Bajaj Auto and Hero MotoCorp.
The market is also curious about the Union cabinet reshuffle on Tuesday.
Image: Wikimedia Commons
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