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MARKETS LIVE BLOG:

STOCKS CLIMB AS DOW POSTS 8TH STRAIGHT WIN

Fed's Michelle Bowman echoes higher-for-longer mantra for interest rates

Nifty rises 1.1 percent; G20 policymakers provide boost

Reuters
A broker reacts while trading at his computer terminal at a stock brokerage firm in Mumbai, June 29, 2015. REUTERS/Danish Siddiqui/Files

REUTERS - The Nifty rose to a one-year high on Monday, as sentiment got a boost after G20 policymakers agreed on the need to support measures for global growth.

Recent laggards Infosys and State Bank of India ended the session ended up 0.8 and 2.9 percent respectively.

The broader NSE index rose 1.11 percent to end at 8,635.65, after earlier hitting its highest since July 23, 2015. The index was earlier down 0.28 percent.

The benchmark Sensex closed up 1.05 percent after reaching its highest since Aug. 11, 2015.

(Reporting by Arnab Paul in Bengaluru)