The Congress party is debating holding a general election in November, six months ahead of schedule, senior party leaders said, reflecting an internal discussion over whether to pull the plug on the shaky ruling coalition or have it serve a full term. Full Article
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Sensex edges higher; rate-sensitive stocks lead
Reuters Market Eye - The BSE Sensex is up 0.11 percent while the Nifty gains 0.03 percent.
Interest-rate sensitive stocks gain ahead of Reserve Bank of India's policy review on Tuesday.
ICICI Bank (ICBK.NS) is up 1.08 percent, while Maruti Suzuki (MRTI.NS) gains 2.1 percent.
Although the RBI is not expected to ease policy then, traders said the central bank could cut the cash reserve ratio or sound more dovish on inflation.
Hopes parliament will approve the Banking Amendment bill this week also seen helping shares: Union Bank of India (UNBK.NS) rises 1.81 percent, while Bank of India (BOI.NS) is up 1.13 percent.
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