Stock markets are likely to react to the positive news flow around coronavirus vaccination, with countries now initiating their mass vaccination phase.
Share Bazaar News Today | Sensex, Nifty, Share Prices LIVE: Domestic benchmark indices started the week’s first trading session with gains. S&P BSE Sensex hit a fresh all-time high of 45,184 while the 50-stock NSE Nifty reached 13,293 on Monday morning. ONGC, Bharti Airtel, and ICICI Bank were among the top Sensex gainers while HDFC Bank, Kotak Mahindra Bank, and Titan Company were among the worst performers. Broader markets were outperforming benchmark indices. On Monday morning Asian peers were trading with a negative bias.
Stock markets are likely to react to the positive news flow around coronavirus vaccination, with countries now initiating their mass vaccination phase. Along with that, the optimism shown by the RBI on Friday post the MPC is also likely to aid the stock market. The Monetary Policy Committee decided to keep rates unchanged on Friday and the RBI Governor maintained that liquidity is available. The refusal of the RBI to keep liquidity flowing will aid the financial sector, according to various experts, who welcomed the move.