Sensex, Nifty trades tepid on DHFL Crisis; Indiabulls Real Estate, Vakrangee, Lakshmi Vilas Bank stocks gain
The BSE Sensex slipped 42 points to 39,487 while the 50-stock Nifty went down 7 points to 11,835 levels. Nifty Bank index was 50 points higher at 30,907.
The market is not moving due to the DHFL crisis. The asset book size of the crisis is to the tune of around Rs 1 lakh crore but the SBI has come forward to the rescue of the NBFC and hence we can expect some recovery into the market. Photo: Reuters