Reports of a fresh stimulus package also seem to have raised hopes of an economic turnaround soon
Experts are bullish yet advise maintaining cautious stance and suggest keeping the focus on selection of sectors and stocks
Top of gainers on the Sensex were banking stocks with HDFC Bank leading the pack followed by SBI, IndusInd Bank, ICICI Bank & Axis Bank rallying over
Markets ended lower for the second day in a row led by selling in metals and financial stocks
Experts say markets are seeing rotational buying across the sectors and are advising investors to focus on stock selection
The range-bound action in the last three months is now coming to an end, says an expert
At close, the Sensex was up 848 points or 1.74% at 49580, and the Nifty was up 245 points or 1.67% at 14,923
Banking and financial stocks were star of the day. IndusInd Bank, SBI, ICICI Bank, HDFC Bank and UPL were among the top gainers on the Nifty
A liquidity window of Rs 50,000 crore with tenure of up to 3 years at repo rate being opened till March 31st, 2022. Under the scheme, banks can suppor
Buying at lower levels in the pharma and IT space lifted Sensex and Nifty nearly 600 points and 170 points off lows