Market wrapBusiness Today
Nifty Bank rises for third session, approaches record high
Positive+1
GreyOak summary
Bank Nifty rose 1.19% to 61,518, gaining 12% this month as it approached a record high of 61,764.85. The rally was driven by strong Q2 earnings, healthy credit growth, and FII inflows of Rs 66,302 crore. Falling Brent crude prices, down 13% to $92 due to peace hopes, also supported the market.
What it affects
- NIFTY BANKPositive +1
Index rose 1.19% to 61,518.Rolling sentiment Negative -20