- Sasken Communication Technologies Ltd share price hits more than 3-yr highAAP dharna hits commuters hard, 4 Delhi Metro stations closedAir India knocks govt door for free passes to officers on deputationAir India defends free tickets facility despite huge losses, invokes Indian Railways, road transporters
BSE Sensex gains 0.18 percent while the NSE Nifty index is up 0.14 percent.
Bank shares lead the gains on sector rotation from IT stocks ahead of a monetary policy review on January 28 and rising bond prices, dealers say.
IT stocks have risen 68 percent since 2012 end while bank shares are down 11 per cent in the same period.
Indian government bonds rose to three-month highs on Tuesday on a report quoting an unnamed finance ministry official as saying that the fiscal year borrowing may be less than earlier budgeted if fiscal deficit is kept in check.