Bank Nifty Share Price: Sensex Recovers 101 Points, Yes Bank Raises 6%

Rudra Investment expert says Bank Nifty Share Price After the mixed start in the Asian markets, there was a strong opening of the Indian stock markets. On Monday, the Sensex opened 160 points stronger, but limited in a little later. Phillips Sensex is trading 100 points higher at 35560. The Nifty remained at the top of 10,700 with a gain of 27 points. In the Nifty, YES Bank is trading with the highest growth of 6%, while Grasim, Eicher Motors, Vedanta Limited, and Hindalco are between 1.50 and 3%.

The most declining shares

Bharti Airtel topped the Nifty 50's worst-ever fall, with a decline of around 3 percent. Apart from this, there has been a decline of 0.60 to 1.50 percent in HPCL, BPCL, Axis Bank, ONGC.

Mixed markets of Asian markets

Bank Nifty Share Price expert says the Earlier, the Asian markets started mixed with uncertainty about tensions and breaks between the US and China. China's Shanghai Composite opened with an increase of 0.25 percent, while Hong Kong's market saw an increase of 0.50 percent during the initial trade.

Japan's Nikkei is trading with an increase of 0.44 percent. At the same time, Australia's Benchmark ASX has lost 0.68% during the afternoon trade. Kospi of South Korea is also on the green mark.

Market watch on RBI board meeting

Today the move to the stock market will be largely on the Reserve Bank of India's board meeting. Over the past few days, there has been a confrontation between the government and the RBI for the softening of the PCA norms for some banks and the regulatory capital requirements of the banks in accordance with the international norms. There can be some clarity on these issues in the board meeting of the RBI.