Nifty50 INDEX

Nifty IT index down 1pc, Nifty PSU Bank up1.5pc

On Tuesday, during mid-market session, The Nifty IT index declined 1.7% led by selling in Tech Mahindra, TCS, Tata Elxsi, Wipro and Infosys. The fall in IT-index could be attributed to an appreciation in the Indian rupee, to some extent, against the greenback Read more

Sensex sinks 106 pts, Nifty drops 31pc

Key benchmarks ended lower mirroring losses in global stocks led by fall in private sector lenders. The 30-scrip Sensex fell 0.29% or 106.41 points to 36,106.50 and the 50-share Nifty declined 0.31 percent or 33.55 points to 10,821.60 on Thursday. Read more

Mid-Market Watch:Losing-momentum seen in the market

Among sectors, Nifty financial service and Nifty private Bank were trading in loss, and all the rest indices are trading in the green.

Banking Sector boost after new RBI Governor’s charge

Appointment Shaktikanta Das as the new Governor of the Reserve Bank of India (RBI) has been a boost to banking sector shares.