LIVE MARKET UPDATE

Tuesday 21 January 2014

Indian Shares and Equity Market Latest News

India's benchmark index gains 0.3 percent while the NSE index is up 0.34 percent.

Banks gain on optimism ahead of the RBI's policy review on Jan. 28 when the central bank is widely expected to keep interest rates unchanged after inflation cooled last month.

 ICICI Bank Ltd is up 1.3 percent, while HDFC Bank gains 1 percent.

Indian banks are heading towards their second weekly gain of nearly 2 percent after rising 1 percent in theprevious week.

Hindustan Zinc Ltd gains 3.4 percent after TV channels reported that the government had approved on Monday a stake-sale in the company, citing unnamed sources.

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