Key indices on Thursday opened on a colourless note ahead of the expiry of January series futures and options contracts. At 10:49 AM, Sensex were trading in red at 36,083.53 points while Nifty was also trading down with 11,069.80 points. The focus were on banking stocks as on Wednesday the Finance Minister Arun Jaitley announced that the government would infuse Rs Rs 88,139 crore for 20 state-owned banks for the current fiscal towards recapitalisation. Bank of India, Dena Bank and Indian Overseas bank all gained up to 2 per cent. But large lenders such as PNB, Bank of Baroda and SBI fell 2.90 per cent, 2.30 per cent and 2.12 per cent, respectively.

Source: dna January 25, 2018 05:26 UTC