Banks regain top spot in BSE Sensex, CNX Nifty

Hamsini Karthik |  Sep 23, 2016 09:26 PM IST

After ceding their overweight position to the technology stocks in February, index heavyweights from the banking sector such as HDFC Bank, State Bank of India, ICICI Bank, Kotak Mahindra Bank, IndusInd Bank, Bank of Baroda, etc have recently regained their pole position. With the dust of Brexit (Britain voting to exit the European Union) settling down on Indian technology majors such as Tata Consultancy Services (TCS), Infosys and Tech Mahindra, Wipro, and HCL Technologies, they now account for only 16 per cent of the CNX Nifty, against.....

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