Nifty PSU Bank Index surged 1.4% after reports suggested the government may hike the FDI limit in public sector banks to 49%. Investors welcomed the move, boosting major PSU bank stocks.
Dalal Street kicked off Tuesday with mild optimism as Sensex and Nifty opened flat. Investors remain cautious ahead of monthly expiry and key Q2 earnings. Global cues kept sentiment balanced.
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