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.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

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