Sensex, Nifty Rise, Banking Stocks Lead

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Key benchmark indices climbed higher in trade on Thursday morning session in spite Reports of deaths across the world due to COVID19 led infections continued to worry investors.

At 10.50-am, the BSE Sensex was trading higher by 1,187-pts, while the NSE Nifty was higher by 311 points at 8629.50.

Banking stocks which were yesterday seen a strong rally, today also continue its uptrend with the Nifty Private Bank index climbing the most, up by 9.82 percent at 10,736 level led by IndusInd Bank-up by 40 percent, followed by Bandhan Bank-up by 35 percent. Track latest stock market today updates, from here.

All the other constituents in the Private bank index are also trading positively between 12 and 4 percent.

Nifty bank, PSU bank, Financial are also trading higher between 7 and 6 percent each.

The top gainers in the Nifty trade, included indusInd Bank, ICICI Bank, Axis Bank, and HDFC Bank. BajajAuto and BajajFinance were among the other gainers in trade.

Among the stocks that slipped the most HCL Tech, NTPC, Gail India, IOC and Shree Cement.

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