The Indian markets began an eventful week on a healthy note led by positive global cues. Buying interest was seen across the board, with consumer durables, banking, technology, capital goods and oil & gas stocks among major supporters. The Nifty had touched the 5400 mark.
The Reserve Bank of India’s unexpected CRR cut on Friday by 75 bps to 4.75% provided major support today.
Among the 30 Sensex stocks, top gainers — SBI up 3.32%, L&T up by 2.07% and ICICI Bank up 1.90%. Top losers — Cipla down 1.67%, ITC down 0.50% and HDFC Bank down 0.44%.
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The Reserve Bank of India’s unexpected CRR cut on Friday by 75 bps to 4.75% provided major support today.
Among the 30 Sensex stocks, top gainers — SBI up 3.32%, L&T up by 2.07% and ICICI Bank up 1.90%. Top losers — Cipla down 1.67%, ITC down 0.50% and HDFC Bank down 0.44%.
....more info