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Banking stocks power bull run, Nifty 50 crosses 15k-pt mark


Banking stocks power bull run, Nifty 50 crosses 15k-pt mark
A massive surge in Banking stocks lifted India’s equity indices during the morning trade session with the NSENifty50 crossing the 15,000 points mark.
  |  6 Feb 2021 11:57 AM GMT
MUMBAI: A massive surge in Banking stocks lifted India s equity indices during the morning trade session on Friday with the NSENifty50 crossing the 15,000 points mark.
Amongst sectoral indices, interest rate sensitive stocks such as banking, auto and capital goods rose before the announcement of the final monetary policy review of 2020-21.
Consequently, the NSE Nifty 50 crosses the 15,000 points mark during the session, but receded afterwards. ....

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