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BSE Midcap Index gains 0.6% as PSU Bank and O&G stocks rally
BSE Midcap Index added 0.
The BSE Midcap Index rose 0.6% on October 20, led by PSU Bank and Oil & Gas counters advancing 1–2%. RBL Bank, Reliance, and Adani Power topped gainers, while select IT names stayed weak. Analysts attribute the rise to strong domestic liquidity and short covering ahead of settlement week. Broader participation from mid-tier lenders and energy stocks indicates sustained risk appetite among retail traders despite global caution.