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Sensex edges higher; earnings key after RBI policy

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Reuters
Last Updated : Sep 30 2014 | 3:55 PM IST

Reuters Market Eye - The BSE Sensex edged higher on Tuesday as blue-chips rose on hopes that upcoming earnings and auto sales will show the economy remains on the mend, while the Reserve Bank of India's (RBI) decision to keep interest rate unchanged had little impact.

Although the Nifty edged higher for the month, posting its fifth consecutive monthly gain, the Sensex marked its first monthly fall in eight.

Housing Development Finance Corp provisionally rose 2.2 percent while Maruti Suzuki India ended higher 1.7 percent.

The Sensex provisionally closed 0.13 percent higher, while the Nifty gained 0.07 percent.

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(Reporting by Abhishek Vishnoi; Editing by Anand Basu)

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First Published: Sep 30 2014 | 3:49 PM IST

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