ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

India shares fall as HDFC Bank paces losses among lenders

Interest-rate setting MPC starts three-day monetary policy review

MUMBAI (NewsRise) -- Indian shares fell Monday as losses in banking stocks offset positive global cues triggered by better-than-expected U.S. employment data.

The BSE Sensex dropped 0.6% to 35,011.89 and the Nifty 50 Index declined 0.6% to 10,628.50 after a volatile day of trading. The fluctuations came as India's Monetary Policy Committee began its three-day meet to decide whether a worsening inflation outlook merits a rate increase.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more