Sensex, Nifty rise on gains in IT, banking stocks

FILE PHOTO: People walk past the Bombay Stock Exchange building in Mumbai, India, March 9, 2020. REUTERS/Francis Mascarenhas/File photo

The Indian government has told the country’s top court it would waive the compounding interest component on loans up to 20 million rupees, a legal filing showed. The government’s clarification on the moratorium case has offered some reprieve to banking stocks, according to Rusmik Oza, head of fundamental research at Kotak Securities.

Evidence India on the wrong path. American Capitalism wrong role model in my opinion! I doubt Ambani Indian Saviour. His increased wealth & his imitation of U.S mega rich will not save Indian humanity. I from India IIT KGP graduate. 81 years old too.

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