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Banks help Sensex, Nifty maintain uptrend; HDFC gains ahead of Q4 nos

Epic ResearchComments Off on Banks help Sensex, Nifty maintain uptrend; HDFC gains ahead of Q4 nos

Equity benchmarks maintained uptrend in morning, with the Sensex trading higher by more than 150 points, backed largely by banking & financials sector on hopes of moderation in slippages in current financial year.

The 30-share BSE Sensex was up 187.82 points at 30,082.62 and the 50-share NSE Nifty rose 37.80 points to 9,349.75. The market breadth remained strong as about two shares advanced for every share falling on the BSE.

HDFC Bank was up 0.4 percent ahead of fourth quarter earnings due later today.

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Sensex turns sluggish, Nifty still holds 9300; ICICI falls ahead of Q4 Sensex consolidates ahead of FOMC meet outcome; RBL Bank most active
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