Notably, Nifty PSU Bank Index saw better traction than BankNifty with all of the index constituents gaining close to 5% on an average. Major gains were seen in SBI, Bankbaroda, Canbk, PNB and Unionbank which contributed around 80% to Nifty PSU Bank index.
Axis Securities turns bullish on SAIL, upgrades to ‘buy’ with Rs 130 target
SAIL shares: The brokerage firm believes that SAIL is more sensitive to steel and coking coal prices. A Rs 1,000/t rise in Hot Rolled Coils