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Banking as we know it will stand on its head in the next 10 years.
In the metal pack, Tata Steel was up 3.7% while Vedanta was up 1.8% .
Sensex lacklustre, bluechips in focus.
Markets were left high and dry last week, as the 'Monsoon Effect' played havoc on trader sentiment.
Weak GDP data and unfaouvrable global data has pulled down Sensex, Nifty.
The Sensex had bounced back with gains of 94 points or 0.3%
Sensex ends in green on boost from bluechip stocks.
According to Merrill Lynch (BofA-ML) report, Domestic capital markets are likely to remain volatile in the September-November period due to factors like US Fed's policy action, second quarter corporate earnings and Bihar state elections.
Nifty ends above 8,400; TCS, HDFC surge 2%, Bajaj Auto dips 2%.
It's not e-retailers alone. Bankers are also celebrating initiatives like 'Big Billion Day Sale' this festive season.
'This wipes out the entire black money in the nation in one stroke. Ninety per cent plus of the black money is kept in Rs 500, Rs 1,000 notes. What they have done is a brilliant move.'
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
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