Business

Sensex, Nifty Rise As Banking Stocks Advance: Midday Market Update

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India’s stock benchmarks advanced, aided by broad based gains in banking, telecommunication, and financial services stocks.The Sensex gained 0.60% to 59,556.42 on the BSE, while the Nifty 50 rose 0.49% to 17,643.65 on the NSE. Among Nifty 50 constituents, 27 stocks advanced while 23 declined.Axis Bank Ltd., Oil and Natural Gas Corporation Ltd, Apollo Hospitals Enterprise Ltd., Kotak Mahindra Bank Ltd., and SBI Life Insurance Compan L…



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