BSE Midcap Index gains 0.6% as PSU Bank and O&G stocks rally
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.
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12h ago
BSE Midcap Index gains 0.6% as PSU Bank and O&G stocks rally
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.
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BSE Midcap Index gains 0.6% as PSU Bank and O&G stocks rally
about 13 hours ago
1 min read
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BSE Midcap Index added 0.6% with PSU banks and energy shares leading; RBL Bank, Reliance, and Adani Power were top gainers.
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.
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.