It’s another day of gap down opening in the volatile month of march. Nifty, Sensex and Bank nifty opened gap down following poor global clues.Sensex and Bank Nifty are trading with 600 points cut while Nifty is trading with 200 points cut. In early trading Kotak bank tanked by 8 %.
Sensex is down 801.76 (-2.72%) and is trading at 28,666.73. Only IndusInd, Hero motocorp, Maruti and Power grid are trading marginal gains.
Yesterday IndusInd and RBL bank had experienced major cut in prices. Today its Kotak Bank is down by more than 100 points.At current market price its second largest private bank India after HDFC bank by market cap.Only IndusInd and RBL bank are trading in green in Bank Nifty.