Nifty hits record-high led by banks, finance stocks; Sensex ends 349 pts up
The latest upward trajectory is bolstered by gains in the banking sector, with private banks witnessing a rebound from a recent sharp correction.
The latest upward trajectory is bolstered by gains in the banking sector, with private banks witnessing a rebound from a recent sharp correction.
The 'India Strategy Report' noted that in the first leg of the up move from 7,600 to 10,000, Reliance Industries, along with pharma and auto stocks, led the gains.
The S&P BSE Sensex lost nearly 600 points during the mid-afternoon session on Monday, with heavy selling activity in banking, finance and auto stocks.
