BusinessSensex ends above 16k; ITC, Tata Motors, Bharti fall
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Sensex ends above 16k; ITC, Tata Motors, Bharti fall
As growth slows and expectations of rate cuts rise, Aditya Puri, managing director of HDFC Bank, says that while some room for rate easing has opened up, any dramatic reduction in rates is unlikely.
The BSE Sensex ended with modest gains Tuesday, rising 32 points to 16,020.64, while the broader Nifty index edged up 15 points to 4,863. The Sensex shed 120 points from the day's high amid increased selling in the last hour of trade. The Nifty nearly hit the 4,900 mark in intraday trade, but ended substantially lower.