Private banks boost benchmarks ahead of F&O expiry: Key factors driving the market
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Analysts expect volatility as the monthly futures and options (F&O) contracts are set to expire later in the day.
Gains in private sector banks pushed the benchmark indices higher.
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NEW DELHI: Private bank stocks continued to see buying after the Finance Ministry lifted an embargo on the allotment of government business to them, which pushed benchmark indices higher on Thursday.
Positive global cues also supported the buying. However, analysts expect volatility as the monthly futures and options (F&O) contracts are set to expire later in the day.
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