From its recent closing low of 10,805 levels hit on September 24, 2020, the Nifty 50 index has rallied nearly 10 per cent till October 8 with most of the gains coming from banking and information technology (IT) counters. IndusInd Bank and HDFC have been the top gainers between September 24 and October 7 (closing basis) – rallying 26 per cent and 19 per cent respectively, ACE Equity data show. TCS, Adani Ports & Special Economic Zone, Tata Motors, ICICI Bank and HDFC Bank have been some of the other gainers.
On the other hand, BPCL