Indian shares edged higher on Monday, driven mostly by a surge in banking stocks after the top court last week provided relief to lenders in a case related to a steel company and on hopes of more support from the government towards ailing sectors.

Nifty, Sensex tick up; Public sector banks lead gains

The National Company Law Appellate Tribunal (NCLAT) rejected on Thursday a petition challenging ArcelorMittal SA's proposed takeover of debt-ridden Essar Steel, removing a hurdle in billionaire Lakshmi Mittal's entry into the country's fast-growing steel market.

Court rejects plea against ArcelorMittal's bid for Essar Steel

The Reserve Bank of India, last month, had recommended 12 accounts against which insolvency proceedings could begin

Gujarat High Court dismisses Essar Steel's plea challenging RBI order on bankruptcy

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Nifty, Sensex tick up; Public sector banks lead gains

Court rejects plea against ArcelorMittal's bid for Essar Steel

Gujarat High Court dismisses Essar Steel's plea challenging RBI order on bankruptcy