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The Nifty Bank index was trading 0.95 per cent up at 48658.0.

Power Grid Corporation of India, Adani Transmission and Damodar Valley Corporation are among the seven companies to have placed the orders

Dues recovery: lnduslnd Bank acquires 4.79% in McLeod Russel by invoking pledged shares : Rashtra News In June, lnduslnd Bank had acquired 70,67,500 equity shares of McLeod, forming 6.77% of paid-up equity share capital, by invoking pledged shares also for recovery of its dues.lnduslnd Bank on Thursday said it has acquired a 4.79% stake in debt-laden

Gautam Sinha Roy from ICICI Prudential Life Insurance discusses the recent market corrections, noting that there are opportunities in individual stocks. The Covid period presented short-lasting sharp opportunities, with corrections more in smallcaps. The present corrections have not provided as good opportunities though one can look at the aviation and airport theme, PSU, utility sectors as well as the T&D space.

From here on, if Nifty has to sustain at higher levels, contribution from the heavyweight banking space is a must. Since it is struggling around the bearish gap, it is better to wait for further clarification to project higher levels in Nifty, says Osho Krishan, Sr. Analyst - Technical & Derivative Research, Angel One.