Equity benchmarks recovered the yesterday losses on account of action taken by the PM Narendra Modi for eradication of Black Money. Sensex has gained 442 points at 27695 and Nifty is 151 points up at 8583. All the sectors are trading in positive zone with major leads where Banking sectors are leading of all the sectors. BSE Bankex is 814 points up at 23188 and Bank Nifty is 671 points up at 20190. BSE Small Cap is 338 points up at 13042, BSE midcap is 286 points high at 13008 and Nifty Midcap has moved 437 points up at 15523.
Asian Market Updates: All the global indices are trading in green with Japan's Nikkei leading the region. Nikkei has hiked 1085 points at 17336, Hang Seng gained 459 points at 22874 and Taiwan Index moved up 208 points at 9152.
About 2017 shares have advanced, 359 shares have declined and 96 shares have declined.
Expert Tips: Sun Pharma, Bosch, Bank Of India, UCO Bank and L&T are stocks that will remain in focus today and can profit the investors
Punjab National Bank has allotted 29,76,19,047 equity shares at a price of Rs168 per share aggregating to Rs4999.99cr to Qualified Institutional Buyers.
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