The Indian rupee opened 18 paise lower at 74.63 per dollar today against its previous close of 74.45.
Benchmark indices were also holding on to the opening gains. It was supported by the realty, oil and gas, power, FMCG and energy stocks.
The Sensex was also up 149.96 points at 59894.84. While the Nifty was up 40.90 points at 17863.20.
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Some factors that affect bank shares include overall market sentiment, future expectations, fundamental valuation, and the demand for banking services.
|Axis Bank||789.15 INR|
|HDFC Bank||1614.75 INR|
|Yes Bank||13.20 INR|
|Indusind Bank||1162.40 INR|
|Bank of Baroda||84.45 INR|
|Canara Bank||181.00 INR|
|Union Bank of India||37.60 INR|
Moreover, the central bankers across the world are now on the path to easy money giving in order to normalise the process.
Also, selling is seen in IT, pharma, metal names. However, buying is witnessing in the oil & gas, power, FMCG and energy stocks.
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