Indian market closes higher on Monday, SC rejects plea to postpone Union Budget
Key stocks that gained on BSE Sensex were HDFC, ITC, HDFC Bank, Tata Motors and SBI while ICICI Bank, L&T, Reliance Industries, Axis Bank and Sun Pharma were down.
The market opened lower on Monday morning following US President Donald Trump's inaugural speech but recovered later on, media reported.
Investors await the Union Budget 2017 which will be unveiled on Feb 1 this year, along with the merged Railway Budget.
On Monday, the Supreme Court dismissed a petition seeking postponement of the Union budget on the ground of forthcoming Assembly polls in five states, media reported.
Image: Wikimedia Commons
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