Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading in the positive territory on Monday. BSE Sensex hit a fresh historic high, while Nifty 50 crossed 17,900. M&M, Maruti Suzuki, State Bank of India (SBI), HDFC Bank, Bajaj-Auto, ICICI Bank, Axis Bank were top Sensex gainers. Nestle India, Asian Paints, HCL Tech, Tech Mahindra, Dr. Reddy’s, Tata Steel were among top BSE Sensex losers. On the sectoral front, Nifty Bank, Nifty Auto, Nifty PSU Bank, Nifty Realty indices gained over 1 per cent. While Nifty Pharma was top loser.
Union Finance minister Nirmala Sitharaman said India needs at least 4-5 more large banks like State Bank of India (SBI) to support the growing credit appetite of a fast-recuperating economy in the post-Covid world. Sitharaman on Sunday, while addressing the 74th annual general meeting of the Indian Banks’ Association (IBA) in Mumbai, said the economy is on a reset mode after the devastation caused by the pandemic.