Even as the Reserve Bank of India (RBI) has announced a slew of measures to provide additional liquidity for the economy to combat challenges posed by the second wave, markets did not seem enthused. The markets remained in a narrow range with the benchmark indices gaining less than 1% in intraday trade. At 2.36 pm, the BSE Sensex was at 48,506.69, up +253.18 points or 0.52%. The Nifty was at 14,578.35, up 81.85 points or 0.56%.
Can the defence sector continue firing after 100% gains?
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