Nifty and Sensex opened on a positive note following the strong push from Banking Sector. SBI Bank leads the Banking Index with the strong gain of over 18%, followed by ICICI Bank, that rose by 10%.
The S&P BSE Sensex is trading at 32,912, up by 305 points, while NSE Nifty is trading at 10,285 up by 77 points.
The BSE Mid-cap Index is trading up by 0.59% at 16,276 whereas BSE Small-cap Index is trading up by 0.4% at 17,260.
SBI, ICICI Bank, L&T, Axis Bank, and Ultra Cement are among the gainers, whereas HDFC, HDFC Bank, Indiabulls Housing Finance, Kotak Bank, and Indusland Bank are losing steam on NSE.
Some buying has seen in Basic Materials, Bank, Finance, Industrials, Capital Goods, and Power while Consumer Durables show weakness on the BSE.
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