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Bank Sector Funds:Ready To Rebound?

Bank Sector Funds:Ready To Rebound?


Leading private sector banks with heavy weightage on indices such as HDFC Bank and Kotak Mahindra Bank have beaten the street expectations as far as the results are concerned. And now with favourable news regarding the opening up of the economy and a decrease in unemployment figures, the banking sector is all set to come out of its depression phase


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Sensex 40,000 to 50,000: TCS becomes biggest contributor in terms of market cap

Shreya Chaware / Article rating: 5.0

Sensex journey to 50,000 has been clearly an impressive one with several stocks contributing to its gains. When it comes to market cap addition, the clear winner is TCS, followed by HDFC Twins, ICICI Bank, and Kotak Mahindra Bank. These stocks contributed the most to the market capitalisation when Sensex moved from 40,000 to 50,000.