In the previous week gone by, equity indices in the backdrop of positive domestic data print and sustained FII inflow gained to fresh record highs, nonetheless weak global cues weighed towards the end of the week and Nifty ended Friday’s session around 166 points lower at 19,332. Nonetheless, amid buoyancy in the market, Nifty PSU Bank index recorded whopping gains of 8.5% in a week’s time. So, here are the largecap banking counters that closed above last week’s high. (Source: StockEdge)
Nasdaq rises 1%, Dow, S&P close higher as weak jobs data tempers rate hike bets
U.S. stocks finished higher following a weaker-than-expected jobs report which eased rate hike expectations. Nonfarm payrolls rose by only 29,000, significantly below economists’ forecasts of