Indian shares ended higher on Monday as telecom stocks rallied after Reliance Industries Ltd`s Jio unit raised data tariffs last week, raising hopes it would usher more pricing discipline across the profit-challenged sector.
The benchmark BSE Sensex closed up 0.36 percent at 32,506.72, while the broader NSE Nifty ended 0.38 percent higher at 10,184.85.
Reliance Industries was the biggest contributor to the gains on the NSE Nifty, rising as much as 3.8 percent to a record high.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.
EXPLAINED! Anil Singhvi on his campaign to protect investors and save their hard-earned money; reveals market strategy going forward
Good news amid coronavirus! India to emerge as fastest growing G20 economy - Here is how