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Sensex closes higher ahead of U.S. Fed meet

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Reuters MUMBAI
Last Updated : Dec 14 2015 | 4:49 PM IST

MUMBAI (Reuters) - Indian shares ended higher on Monday after touching a more than three-month low earlier in the session as private banks recovered from recent losses, but sentiment was muted ahead of the U.S. Federal Reserve meeting later this week.

The broader Nifty ended 0.52 percent higher after falling as much as 0.78 percent earlier in the day to its lowest level since Sept. 8.

The benchmark BSE Sensex gained 0.42 percent at close, after shedding as much as 0.71 percent to its lowest level since Sept. 8 earlier in the session.

(Reporting by Karen Rebelo in Mumbai; Editing by Biju Dwarakanath)

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First Published: Dec 14 2015 | 4:34 PM IST

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