Stocks in focus on September 18, 2020 Market 

Sensex tanks 626 points, Nifty slides below 11,400

New Delhi: Markets opened with deep cuts on Friday in tandem with global stocks. The BSE Sensex tanked 625.93 points or 1.61 percent to 38,365.01 in early trade while the NSE Nifty fell 173.05 points or 1.50 percent to 11,354.40. All the indices in the Sensex pack were trading in the red. Banking and financials took hard hit with ICICI Bank being the top loser, falling upto 3.07 percent. Others included SBI, IndusInd Bank, Kotak Bank, Axis Bank and Tata Steel, falling upto 3.03 percent. Asia`s stock markets had their…

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Stocks in focus on September 18, 2020 Economic News 

Sensex, Nifty near four-month highs as HDFC Bank jumps

By Administrator_India Capital Sands   Indian shares rose for a fourth straight session on Monday, as HDFC Bank Ltd gained after reporting strong loan growth and hopes of a recovery in the global economy pushed stock markets across Asia higher. The Nifty rose 0.98% to 10,711.05, while the Sensex was up 0.82% at 36,315.69, both trading near their four-month peaks. HDFC Bank jumped 3.4%, its biggest intraday percentage rise since mid-June, after the country’s top private-sector lender reported a loan growth of 21% as of June 30, compared to a…

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