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Indian equity benchmarks closed higher on Wednesday, led by financial and banking stocks, while State Bank of India surged to an all-time high after the country’s largest lender by assets reported a record quarterly profit.

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Dear Trader… Indian equity benchmarks closed higher on Wednesday, led by financial and banking stocks, while State Bank of India surged to an all-time high after the country’s largest lender by assets reported a record quarterly profit. Sentiment improved because the virus seems to be under control in most states. Additional support also came with ICRA’s statement that IT services companies are expected to see growth in revenue, driven by

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Nikhil Bhatt is a SEBI registered individual Research Analyst under the SEBI (Research Analysts) Regulations, 2014 is an entrepreneur, global thought leader with a sound understanding trend of BSE, NSE, financial industry segments and investment trends. According to Nikhil Bhatt, “Our mission is to spread financial awareness and improve financial literacy in a concise, simple and easy-to-understand manner. Backed by scientific research, ethical principles and reliable data, our publications benefit and guide the Indian financial / non financial community like merchants, managers, investors, traders and readers. We seek to make investment decisions more objective and mature”.