Shrugging off a weak start, Indian markets gained some momentum in in early noon trade, led by gains in banking stocks. The Sensex was up around 150 points while Nifty traded firm at 12,230. Among the Sensex stocks, ICICI Bank and Axis Bank were among the top gainers, with both stocks up above 1%. "A decisive breach below 12,100 zone will be negative and index can slip further towards 11,800 zone. Asian markets were mixed today as investors continue to access the spread of spread of a viral illness in China.

Source: Mint January 24, 2020 03:45 UTC