HDFC Bank, SBI drive market recovery, Inox India lists at 44% premium

CNBC TV18

By Priyanka Deshpande

Published Dec 21, 2023

Market stages smart intra-day recovery, regains half of Wednesday’s losses

Sensex rises 359 points to 70,865 & Nifty 131 points to 21,281

Nifty Bank gains 404 points to 47,824 & Midcap Index 799 points to 44,824

Banks lead recovery, HDFC Bank & SBI amongst top Nifty contributors

Reliance is also one of the top Nifty contributors, stock at 4-month high

3 of top 5 Nifty losers are Bajaj Finance, Bajaj Finserv & Bajaj Auto

Reports of surge in copper prices lift Hindustan Copper, stock up 11%

IRCTC regains Wednesday’s losses, up 7% after stock comes out of F&O ban

Diagnostic names see buying on rising COVID cases, Dr Lal, Metropolis up 5-7%

Inox India makes a strong debut on exchanges, lists at a premium of 44%

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