Market Live:
Sensex off day's highs, Nifty trades above 10,100; Canara Bank down 2%
Shares have begun the financial year on a positive note, with the Nifty
trading above 10,100, while the Sensex is up around 100 points.
The Sensex is up 96.72 points or 0.29% at 33065.40, while the Nifty is up
41.90 points or 0.41% at 10155.60.
ICICI Bank is lower by over 3 percent on the back of negative
developments around its CEO Chanda Kochchar, while Axis Bank is also trading
lower by over 1 percent. A media reported said that the RBI has asked the
lender to review Shikha Sharma’s tenure.
Among other stocks, Canara Bank is also trading lower by around 6 percent
after it called off its stake sale in Can Fin Homes. GAIL, Vedanta, Maruti
Suzuki and Tata Motors were trading in the green, while Titan was lower by half
a percent.
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