Economic TimesLean R·
Bank stocks lead market recovery as Nifty closes above 25,000
Mumbai: Benchmark indices Sensex and Nifty staged a recovery from sharp intraday losses on Monday as index heavyweight banking stocks, hitherto laggards amid persistent outflows by overseas funds, benefited from recent foreign portfolio purchases that coincide with a decline in crude oil prices.The Sensex climbed nearly 600 points from its day's low, while the Nifty regained the psychologically important 25,000 mark, helping investors look past profit-taking in select sectors. The Sensex rose 1…
Read at Economic Times →
