Sensex, Nifty Fluctuate As Rebound In Banks Offset Reliance Slide Bank stocks were among the top boosts on the index, with shares of HDFC Bank rising 2.2 per cent to become the biggest boost to Nifty. Updated: January 25, 2021 1:34 pm IST The domestic benchmarks swung between gains and losses as gains in banking stocks outweighed a slide in Reliance Industries, triggered by a sharp drop in third-quarter revenue at the conglomerate's oil-to-chemicals business. The blue-chip NSE Nifty 50 index rose 0.17 per cent to 14,396, while the benchmark S&P BSE Sensex gained 0.12 per cent to 48,938 by 1:31 pm. "Today is a day of volatility after the correction on Friday ... It remains a buy on dip market," said Samrat Dasgupta, chief executive officer at Esquire Capital Investment Advisors in Mumbai.