Between Navratri and Diwali, bank stocks have given positive returns 7 out of 10 times, auto 8 out of 10 times and consumer durables 9 out of 10 times.
Markets in a volatile session; Sensex near 50,800, Nifty 50 trades flat; Metal outperforms; ONGC, HDFC Bank leads
Auto, FMCG, pharma, capital goods and consumer durables stocks emerge as top laggards for exchanges. February 22, 2021 9:45 IST | India Infoline News Service Indian markets stood in a volatile session as Monday s trading session takes flight. Banking and metal stocks rally and thereby offset early losses of benchmarks Sensex and Nifty 50. Auto, FMCG, pharma, capital goods and consumer durables stocks emerge as top laggards for exchanges. In the opening bell, Sensex opened higher at 50,910.51 and gained by at least 97 points to an intraday high of 50,986.03 in early exchange. However, the index reversed
Markets at historic highs ahead of RBI policy; Sensex tops 51k, Nifty 50 clocks 15k; Bank outperforms; SBI climbs 10%
Sensex has touched a new all-time high of 51031.39 and Nifty 50 was at a new lifetime high of 15,005.95. February 05, 2021 9:30 IST | India Infoline News Service Markets are at new historic highs! The benchmarks Sensex and Nifty traded near fresh record highs during Friday s opening bell ahead of India s last and sixth bi-monthly monetary policy for fiscal FY21. The Reserve Bank of India (RBI) governor Shaktikanta Das along with monetary policy committee (MPC) will be announcing the monetary policy later today. Investors keenly eye the policy decisions as it comes after the Union Budget 2021.