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Published on 24/02/2021 5:54:06 PM | Source: Motilal Oswal Financial Services

Perspective on Sensex rallying 1000 points by Hemang Jani,Motilal Oswal Financial Services

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Below are Views On Perspective on Sensex rallying 1000 points by Hemang Jani, Head- Equity Strategy, B&D, by Motilal Oswal Financial Services

"Nifty resumed trading following a technical glitch on NSE, which led to halt in trading across the equity and equity futures and option segments. On re-opening, equity markets witnessed sharp gains with Sensex rallying 1000 points (+2.1%) while Nifty almost touched 15k once again. Embargo lifted on grant of Government business to private banks led to interest in banks across. Nifty Bank has rallied 3.6% with Private Banks like HDFC Bank, ICICI Bank, Axis Bank gaining  the most."

 

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