Nifty, Sensex momentum weakening – Tuesday closing report
Moneylife Digital Team / IANS
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We had mentioned in Monday’s closing report that Nifty, Sensex grinding higher. On Tuesday, the major indices declined in the morning but recovered and ended flat. On the NSE, there were 914 advances, 977 declines and 334 unchanged.
The trends of the major indices in the course of Tuesday’s trading are given in the table below:
The RBI has approved the re-appointment of Uday Kotak as managing director of Kotak Mahindra Bank for a further period of three years. The banking sector regulator also approved the appointment of part-time chairman Prakash Apte for three years.