Monday at a glance
- NASI: 246.06, up 3.12%.
- NSE 20: 4,306.00, up 3.38%.
- NSE 25: 6,943.35, up 3.33%.
- NSE 10: 2,713.86, up 3.41%.
- Banking Index: 288.45, up 4.26%.
What matters
Monday was a broad rebound. The closing pricelist shows 43 advancers and 12 decliners, with banks leading the move.
Context
Standard Investment Bank’s weekly wrap shows the previous week had closed lower across the major indices. Monday recovered part of that weakness, but one session does not establish a new trend.