Subscribe To Our Free Newsletter |
Sensex, Nifty extend rally; rupee at 66/$, Tata Motors down
Banks are leaders in rally with the Bank Nifty up 500 points, especially after media report indicated that the government is considering increasing foreign direct investment (FDI) limit in private banks to 100 percent. HDFC Bank, ICICI Bank and Axis Bank jumped 3-4 percent. HDFC was up 2 percent and SBI gained 3 percent.