Indian shares trade flat
after earlier rising to record highs for a seventh consecutive session ahead of
the Reserve Bank of India's monetary policy review at 11 am IST (0530 GMT) in
which it is likely to keep rates unchanged.
•Hindalco Industries Ltd falls 2.4 percent on profit taking
after rising 8.3 percent on Monday.
•Punjab National Bank is down 1 percent after being the best
performer of the NSE in March with a 35 percent rally.
•Among blue-chips, Tata Consultancy Services and Tata Motors
gain 1 percent each.
•Overseas investors bought Indian shares worth 9.43 billion
rupees ($157.9 million) on Monday, provisional exchange data show.
•IT stocks gained. HCL Technologies (up 1.63%), Infosys (up
0.85%), TCS (up 1.48%), Tech Mahindra (up 1.28%) and Wipro (up 1.83%) gained.
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