Benchmark Indices Continued To Be Rangebound In Morning Ahead

Benchmark indices continued to be rangebound in morning ahead of last expiry of futures & options contracts of the year.

The 30-share BSE Sensex was up 24.71 points at 33,936.52 and the 50-share NSE Nifty gained 12.60 points at 10,503.40. About two shares advanced for every share falling on the BSE.

The government yesterday said it has decided to make an additional borrowing of Rs 50,000 crore this fiscal through dated securities, a move that may put burden on the fiscal deficit target of 3.2 percent of GDP.

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