Sensex, Nifty Bank end at record highs as RBI cracks down on bad debt

June 19
16:25 2017
The market breadth, indicating the overall health of the market, turned negative from positive. On BSE, 1,469 shares fell and 1,200 shares rose. A total of 190 shares were unchanged.

“Positive cues from Europe steadied nerves at the start of the week, and with bad loan resolution efforts gaining traction, banking stocks led stocks higher. Meanwhile, potential for re-rating will vest on how swiftly concerns over GST would dissipate,” said Anand James, Chief Market Strategist, Geojit Financial Services.

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