The Sensex advanced 709.96 points, or 1.16%, to close at 61,764 -a day after banking stocks took a beating following a selloff in HDFC twins. The Nifty gained 195.40 points, or 1.08%, to settle at 18,264.
Indian stock markets are experiencing significant volatility. Investors are advised to remain cautious in the short term. Experts suggest a staggered approach to buying quality
HDFC Bank’s chairman resigned over “ethical” differences, sparking market turmoil. The rift reportedly stemmed from disagreements on accountability for client losses tied to Credit Suisse
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