Sensex, Nifty bounce back on ease in US-Iran tension; SAIL, SBI, ITI stocks gain
The BSE Sensex gained 451 points at 41,128 levels while the 50-stock Nifty surged 136 points at 12,129 levels. Bank Nifty index went up 555 points at 31,792 levels.
Global markets are strong but Bank Nifty is showing weakness. If it sustains above 31,350 levels then we can expect Nifty to sustain above 12,000 levels otherwise weakness in banking stocks will drag down Nifty below 12,000 levels. Photo: Reuters