Sensex ends higher despite Union budget anticipation

Indian shares ended higher on Monday as bargain-hunting lifted recently-hit stocks.

A man looks at a screen across a road displaying the Sensex on the facade of the Bombay Stock Exchange (BSE) building in Mumbai | Reuters

MUMBAI: Indian shares ended higher on Monday as bargain-hunting lifted recently-hit stocks, though sentiment remained cautious ahead of the federal budget next week.

The broader NSE Nifty ended up 0.50 percent at 8,391.50, while the benchmark BSE Sensex closed 0.31 percent higher at 27,117.34.

ITC Ltd, HDFC Bank Ltd, and Tata Motors were among top contributors to the indexes.