Mumbai. The stock market closed in the red mark on Wednesday after a day’s uptick. At the end of trading, the Bombay Stock Exchange (BSE) major index Sensex closed at 58,927.33, down 77.94 points, or 0.13 per cent. On the other hand, the Nifty of the National Stock Exchange (NSE) closed at 17,546.65, down 15.35 points or 0.09 percent.
In Wednesday’s trading, realty stocks filled with enthusiasm and the realty index closed with a gain of 8 percent. On the other hand, buying was also seen in small and medium stocks. The BSE Midcap index managed to close with a gain of 1.51 per cent and the Small Cap index by 1.19 per cent.
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Sensex closed at 59005.27 a trading day ago
Let us tell you that on Tuesday, a great recovery returned from the lower level in the Indian stock market. At the end of trading, the Sensex jumped 514.34 points to close at 59005.27. Nifty climbed 165.10 points to close above 17,560.
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DICGC gives big relief to customers of 21 banks, will get 5 lakhs within 90 days
Deposit Insurance and Credit Guarantee Corporation (DICGC) has given great relief to the customers of 21 banks in distress. The DICGC has said that it will get their bank deposits (up to a maximum of Rs 5 lakh) within 90 days to the customers of 21 banks listed in the RBI’s All-Inclusive Direction (AID) list.
Along with this, DICGC has released the list of 21 banks. These banks also include PM Bank of Mumbai, which has been put in the AID list by RBI. The functioning of the banks included in the AID list is banned. Due to this, the deposits of thousands of customers are stuck in these banks, which they are not able to withdraw.
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Orignally published at Tailored Stash
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