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Live: Nifty reverses losses amid PSU bank rally; IT sulks | Adani Ent, OMCs in focus| Closing Bell

Nifty & Sensex reverse losses witnessing a sharp recovery in the last hours of trade. Mid & smallcap indices too reverse losses, while gains were mainly led by PSU banks, private banks, as well as the Oil & gas stocks. Among stocks in focus will be M&M after clocking in 60% profits in Q3, Adani Enterprise was also abuzz after jefferies initated a buy coverage on the stocks PSU & OMC stocks were also on nandita Khemka & Yatin Mota radar. Here’s a lowdown of all the trading action on Closing Bell