Monday, 5 January 2015

Opening news on Indian Nifty Market

BSE Sensex and Nifty edged higher today amid positive momentum on hopes of faster reforms. The BSE Sensex rose over 100 points to 28,013 while Nifty rose to 8,430. But weak global cues capped gains.

India's top bankers had gathered in Pune during the weekend to discuss long-pending reforms vital to improving the health of ailing public sector banks in Asia's third-largest economy. Prime Minister Narendra Modi, Finance Minister Arun Jaitley and RBI governor Raghuram Rajan attended the 2-day retreat which ended on Saturday

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