BSE Sensex ended higher after tech offset bank stocks

October 12, 2020 Update: Indian stocks as measured by the BSE Sensex were slightly higher at the end of closing on Monday as tech stocks gained more than bank stocks lost. Bank stocks were struck by fiscal stimulus measures, which came up short of what the market had expected. Reuters also reports that Mumbai’s financial hub was hit by a massive power outage due to a major grid failure.The BSE Sensex reclaimed the 40,000 level on Monday, which was its eighth consecutive day of rallying. Vishal Wagh of Bonanza Portfolio told Moneycontrol that Indian stock indices, especially the Nifty 50, are i…

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