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Markets extend rally. Bank Nifty moves up by 65 points

Markets have seen an extended rally in today’s trade, as stocks continued gaining with a positive momentum. Stocks from the banking & financial sector along with some stocks from the metal & capital goods sectors are also seeing surges.

markets move high

The Nifty has managed to gain over 20 points to stand at 6297. The Sensex has gained more than 80 points at 21158.

Metal stocks have been the top gainers. Jindal Steel is up by 3%, while Hindalco has moved up by 3.7% at 123.90. Tata steel has also moved up by 1.7%.

Shares of the Private banking company Axis Bank – have moved up by over 1% to trade at 1291. Stocks of ICICI Bank have also gained over a percent at 1096. PSU Banks have also seen surges. PNB has gained 1%. Midcap banks such as Dena Bank and Andhra Bank have seen gains. Canara Bank is up by more than 2% at 272.40.

Capital goods major LT is up by 1.2% and is trading at 1073. Ultratech Cement is up by 1.4%. Grasim is also up by 1%. ACC is up by 1.3% at 1111.


 

 

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