Sensex, Nifty off day’s low; SBJJ, SBM, SBT surge over 16% again

Epic Update State Bank Of Mysore

The Sensex pared some losses in last hour of trade, down 205.88 points or 0.77 percent to 26520.46 and the Nifty declined 67.95 points or 0.83 percent to 8138.65.

The market breadth remained weak as about two shares declined for every share advancing on Bombay Stock Exchange.

State Bank of Travancore, State Bank of Mysore and State Bank of Bikaner & Jaipur surged over 16 percent again after rising 20 percent in previous session as Cabinet has approved the merger of five associate banks with SBI.

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Posted in: Indian Market Tips