Equity benchmarks Sensex and Nifty ended marginally lower yesterday following losses in index majors Reliance Industries Ltd, ICICI Bank and HDFC twins. The S&P BSE Sensex fell 0.1% at 52,275.57, while NSE Nifty 50 Index declined slightly to 15,740.10.
Neal Bhai
Analyst Optimism Reaches 17-Year High for India’s Largest Lender
Market watchers haven’t been this bullish on State Bank of India in almost two decades, as they bet on the lender’s improving asset quality to help it weather the pandemic.
Stocks For Today: Bank Of India, HCC, Jindal Steel, PNB, SBI, Union Bank
India’s key equity benchmarks closed at a record high even as investors assessed the impact of lockdowns on businesses, which have now begun to gradually reopen as the pace of coronavirus infections slows.
WTI Oil Hits $70 for First Time Since 2018 as Market Tightens
WTI Oil in New York hit $70 a barrel for the first time since October 2018 as upbeat comments on the market from major trader Vitol Group added to optimism over the global demand recovery.
Gold Silver Positional Call: Enjoy Bloodbath, Silver 2500 Point Down, Gold 1100 Point Down (Premium member Mint Money)
Gold Silver Positional Call: Enjoy Bloodbath, Silver 2500 Point Down, Gold 1100 Point Down (Premium member Mint Money)