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Sensex ends higher; banks gain

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Reuters MUMBAI

MUMBAI (Reuters) - The BSE Sensex edged higher as interest rate-sensitives such as Tata Motors and ICICI Bank extended recent gains amid rising expectations the RBI will keep monetary policy unchanged next week.

The Sensex provisionally closed 0.24 percent higher at 21,255.09 points, while the broader Nifty provisionally closed 0.2 percent up at 6,313.80 points.

Bank shares led the gains ahead of a monetary policy review on January 28 and on rising bond prices, while investors preferred to take profit in technology stocks.

(Reporting by Indulal PM; Editing by Sunil Nair)

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First Published: Jan 21 2014 | 3:44 PM IST

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