MUMBAI Jan 28 Indian shares ended flat on Monday, as traders avoided taking big positions ahead of the Reserve Bank of India's policy review on Tuesday.
Among rate sensitive stocks, ICICI Bank provisionally rose 1.7 percent, while SBI ended 0.94 percent lower.
The BSE index provisionally fell 0.05 percent, while the 50-share NSE index ended flat. (Reporting by Abhishek Vishnoi; Editing by Jijo Jacob)
Trending On Reuters
Ready for Rate Hike
Two years ago India was a "fragile five" economy growing at 5 percent, facing a severe current account deficit and the rupee at record lows as the U.S. Fed Reserve prepared to taper its stimulus programme. Today, two years into the term of RBI Governor Raghuram Rajan, India is set to confidently face the Fed's first rate rise since 2006. Full Article