Yes Bank management has surprised markets by announcing follow-on public offer with floor price of Rs 12. The FPO will open on July 15 and continue till July 17, 2020.

Market expert Ashwani Gujral has suggested five BUY calls for today’s session and no SELL call, suggesting a bullish outlook for Indian markets.

Finance Minister Nirmala Sitharaman said that authorities will make sure that public sector and private banks pass on the benefits of rate cuts to consumers.

Market analyst Ashwani Gujral has suggested private banking and financial services counters for today’s trade.

Indian government recently announced a package for ailing businesses and individuals due to COVID-19 lockdowns.

Indian markets opened strong on Monday and NSE Nifty scaled 9,900 levels after many weeks of trading low due to COVID-19 panic in the markets.