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.
Nifty’s short-term trend seems to have reversed down after a reasonable rise from the lows. Immediate support is placed at 22,300 and the weakness below
State-owned Bank of Maharashtra (BoM) on Friday reported a 45 per cent jump in its net profit to Rs 1,218 crore for the March quarter,
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