Business Standard

Sensex ends higher; consumer stocks surge

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Reuters

REUTERS - Indian shares closed marginally higher on Monday, with consumer stocks leading the gains as sentiment remained upbeat after the government finalised rates for the upcoming Goods and Services Tax.

The broader Nifty closed 0.11 percent higher at 9,438.25, while the benchmark Sensex ended 0.35 percent up at 30,570.97.

The Nifty FMCG index ended up 3.6 percent after touching a record high earlier in the session. ITC Ltd closed up 6.08 percent.

(Reporting by Krishna V Kurup in Bengaluru; Editing by Gopakumar Warrier)

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: May 22 2017 | 3:52 PM IST

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