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Sensex gains as banking stocks recover; Airtel top gainer

BSE Sensex fell as much as 133 points during early trade but rebounded later led by gains in telecom, oil & gas and power sector indices

Pranati Deva  |  New Delhi 

The benchmark indices pared all its initial losses to turn green as banking stocks recovered after falling up to 4% following RBI’s cash reserve ratio (CRR) hike on incremental deposits. BSE Sensex fell as much as 133 points during early trade but rebounded later led by gains in telecom, oil & gas and power sector indices. Nifty50 continued to trade above 8,100 levels. At 2:52 pm, the S&P BSE Sensex was trading at 26,401, up 85 points, while Nifty50 was quoting 8,140, up 26 points. Broader markets outperformed benchmark indices with BSE Midcap up 1.05% while BSE Small Cap ...

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Sensex gains as banking stocks recover; Airtel top gainer

BSE Sensex fell as much as 133 points during early trade but rebounded later led by gains in telecom, oil & gas and power sector indices

BSE Sensex fell as much as 133 points during early trade but rebounded later, Nifty continued to trade above 8,100 levels. The benchmark indices pared all its initial losses to turn green as banking stocks recovered after falling up to 4% following RBI’s cash reserve ratio (CRR) hike on incremental deposits. BSE Sensex fell as much as 133 points during early trade but rebounded later led by gains in telecom, oil & gas and power sector indices. Nifty50 continued to trade above 8,100 levels. At 2:52 pm, the S&P BSE Sensex was trading at 26,401, up 85 points, while Nifty50 was quoting 8,140, up 26 points. Broader markets outperformed benchmark indices with BSE Midcap up 1.05% while BSE Small Cap ... image
Business Standard
177 22

Sensex gains as banking stocks recover; Airtel top gainer

BSE Sensex fell as much as 133 points during early trade but rebounded later led by gains in telecom, oil & gas and power sector indices

The benchmark indices pared all its initial losses to turn green as banking stocks recovered after falling up to 4% following RBI’s cash reserve ratio (CRR) hike on incremental deposits. BSE Sensex fell as much as 133 points during early trade but rebounded later led by gains in telecom, oil & gas and power sector indices. Nifty50 continued to trade above 8,100 levels. At 2:52 pm, the S&P BSE Sensex was trading at 26,401, up 85 points, while Nifty50 was quoting 8,140, up 26 points. Broader markets outperformed benchmark indices with BSE Midcap up 1.05% while BSE Small Cap ...

image
Business Standard
177 22