Thursday, January 18, 2018

Banks lift Sensex over 300 pts; Mindtree jumps 8% post Q3 nos

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Bulls retained their charge on Dalal Street as the market continued to trade around record highs, with the Sensex rising more than 350 points.

Nifty Bank index zoomed 500 points on buzz of allowing 100 percent FDI in banking sector.

Mindtree surged 8 percent after stellar Q3 earnings performance. Morgan Stanley upgraded the stock to overweight on improving macro & execution, and raised target price by 33 percent.

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