Stock Market Updates-Sensex off highs, Nifty continues to hold 10,700; RBI Board meet begins

Market Update Equity benchmarks were higher on Monday morning, with Sensex rising over 100 points. The Nifty held 10,700.

The Sensex is up 106.39 points or 0.30% at 35563.55, while the Nifty was higher by 21.80 points or 0.20% at 10704.00. The market breadth was narrow as 899 shares advanced, against a decline of 712 shares, while 80 shares unchanged.

Equity benchmarks have opened higher on Monday with Nifty is well above 10,700 mark, while Sensex also gained more than 150 points.

At 09:16 hrs, the Sensex is up 160.65 points at 35,617.81, while Nifty is up 40.60 points at 10722.80. About 536 shares have advanced, 231 shares declined, and 44 shares are unchanged. 

Jet Airways down 10 percent, Bharti Airtel is down 2 percent, Siemens is down 4 percent, HPCL, IOC, ICICI Bank, Axis Bank are among major losers. Tata Investment gained 7 percent.

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