Bankex gain amid market uncertainty
Shital Jibhe / 30 Jan 2017
The Indian Markets on January 30, have opened in red and is currently trading in the same. Ahead of the Union Budget, the market is cautious and is looking for the right direction. The Sensex is down by 36.78 points, whereas, the Nifty is trading down by 14.80 points.
The Indian Markets on January 30, have opened in red and is currently trading in the same. Ahead of the Union Budget, the market is cautious and is looking for the right direction.
The Sensex is down by 36.78 points, whereas, the Nifty is trading down by 14.80 points.
The bankex, which is the index comprising ten major banking stocks, is trading in red. The index has lost around 118.28 points. Meanwhile, there are few stocks which somehow managed markets uncertainty and are trading in green. The list includes- Punjab National Bank (PNB), Bank of Baroda, and Axis Bank, the stocks of which is trading with gains. These stocks are trading up in a range of 0.12 per cent to 0.94 per cent. PNB is the largest gainer in the index.
On the other hand, there are seven stocks in the index which are trading down. Among all, Kotak Mahindra Bank is the biggest loser which has lost around 0.95 per cent.
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