Equity market indices are bullish with PSU Bank stocks leading the charge after RBI policy.
BSE Sensex is currently trading at 49,560.55 up 359.16 points or 0.73%.
Nifty50 is currently trading at 14,782.90 up 99.40 points or 0.68%. Nifty Bank is trading up 0.45% at 32,647.70 while Mid-cap Index is up by 0.63%.
SBI Life, Nestle India, Bharti Airtel, Reliance and IndusInd Bank are the top gainers while Tata Consumer, TCS, Tech Mahindra, Wipro and HCL Tech are the top losers.
Nifty PSU Bank stocks (1.6% higher) drive the bullish trade while IT stocks are struggling in the negative territory.
Out of 50 stocks traded on the NSE, 43 advanced and 7 declined.
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