The statistics displayed in the live stock market, especially concerning the BSE live and NSE live have again showered rays of hope amid investors. It was for three weeks at a stretch that both the sensex and nifty exhibited a downtrend never surmised by market analysts. From 2G scam to home loan bribery scandal, condition of the overseas markets, etc. the investors’ spirits did dampen for some time.
And with the cabinet approving the infusion of Rs. 6,000 crore capital in the public sector banks, an uptrend is witnessed here too. As per live stock market records, banks like Canara Bank, Federal Bank, HDFC Bank, ICICI Bank, IDBI Bank, PNB, SBI, Union Bank, etc. gained 0.8-4% with only Bankex gaining 1.6%. The live stock market also aired and published news of the gains achieved by other sectors; companies representing these sectors include Wipro, Infosys, ONGC, Reliance, and more.
As per BSE live statistics, the sensex has reached the 20,018 mark, climbing up higher with each trading session not to mention about the broader indices like BSE Midcap and Smallcap gaining 1.5-1.7%. Nirmalbang.com well serves my purpose of viewing the live stock market including BSE live.
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