Why Sensex is in the green but Nifty, Bank Nifty in red territory4 min read . Updated: 02 Feb 2023, 12:10 PM IST
- Bank Nifty is under pressure due to concerns on banks' respective debt exposure to Adani group companies, say stock market experts
After paring mid-sessions gains on Union Budget day, Indian stock market ended with weak bias. However, the interesting part on Wednesday market close was difference of territory chosen by the key benchmark indices. Nifty and Bank Nifty closed in the red territory whereas BSE Sensex ended in green. In early morning deals as well, 30-stock index Sensex is up by near 100 points whereas Bank Nifty and Nifty index is still in red zone. Nifty today is down by near 50 points while Bank Nifty index has lost around 200 points in near one and half hour of trade on Thursday.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started
Select your Category