Highlights 1 The BSE Sensex today skyrocketed 414 points to 33,521. The BSE Sensex today skyrocketed 414 points to 33,521 and the NSE Nifty raced past 10,300 as banking stocks led a solid rally after Moody's upgraded India's sovereign credit rating. Banking behemoth SBI rallied 2.94 per cent while private peers ICICI Bank, Axis Bank, Yes Bank and IndusInd Bank soared up to 3.07 per cent. The rating upgrade comes after a gap of 13 years - Moody's had last upgraded India's rating to Baa3 in 2004. Other banking stocks that scored gains were Punjab National Bank, Bank of Baroda, Federal Bank, HDFC Bank and Kotak Bank.

Source: India Today November 17, 2017 04:41 UTC