Bank Nifty recovered over 1000 points from day’s low, settling above 40,350 on Monday. The index fell over 2% intraday, triggered by the red flags raised by the US short-seller on Adani group’s debt. The shares of the IndusInd Bank lead losses, falling over 1%, dragging the banking index lower but towards the end, majority […]
By Shrikant Chouhan The benchmark indices bounced back sharply, the Nifty 50 ended 214 points higher while the BSE Sensex was up by 750 points. After an early morning selling pressure one more time the Nifty/ Sensex held the level of 17000/56900 and recovered sharply. From the day’s lowest level, the Nifty/ Sensex rallied over […]