Sensex reclaims 61,000 on firm global cues; Nifty atop 18,250

“The stellar Q2 numbers from the PSU banking majors SBI and BoB reinforce the ongoing bullish story in banking. Rising credit growth, improving asset quality and margins bode well for the banking sector and this has the potential to take the Bank Nifty and Nifty to new highs, driven by the bulls, who are in command now. FIIs turning buyers for the seventh consecutive day is another strong positive,” V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services said.