BENGALURU: Indian shares closed higher on Monday, boosted by conglomerate Reliance Industries Ltd and software major Infosys Ltd, while investors eyed more inflation data due later in the day.
The blue-chip NSE Nifty 50 index ended 0.08% higher at 15,811.85, while the benchmark S&P BSE Sensex rose 0.15% to 52,551.53 at close.
On traders' radar is consumer price inflation (CPI) data after market close on Monday, with a Reuters poll showing India's retail inflation likely rose last month after a three-month low in April on higher food and energy prices.
In Mumbai trading, Reliance Industries and Infosys were among the top performers on the Nifty 50, gaining 1.4% and 0.9%, respectively. Reliance shares have gained in five of the last eight sessions. The Nifty IT index, which rose 4.52% last week, added 0.34%.
Limiting gains was top Nifty 50 loser Adani Ports and Special Economic Zone Ltd, which slumped 8.5%.
Comments
Comments are closed.