Sensex Rises 205 Points, Ends At Record High; SBI Surges 4.5%

Indian shares ended at yet another record high on Monday as State Bank of India (SBI), India's biggest lender surged 4.5 per cent after it introduced a 2-tier savings bank interest rate while investors awaited a rate cut by the central bank later this week. The Sensex rose 205.06 points to a record closing high of 32,514.94 while the Nifty settled 62.60 points higher at 10,077.10 led by buying in banking shares. The Nifty PSU Bank in...