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Monday, October 3, 2016

Nifty holds 8700, Midcap outperforms; Maruti hits record high



Maruti Suzuki shares hit a record high of Rs 5,707.25, rising more than 4 percent intraday after strong sales data in September followed by M&M, Tata Motors, Hero Motocorp and Bajaj Auto.

The newly-constituted Monetary Policy Committee (MPC) headed by RBI Governor Urjit Patel is unlikely to lower rates at its maiden policy review on Tuesday as it awaits more supporting data on inflation, experts said.







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