Today on 27th May 2020, Nifty closed above 9300+ levels thanks to rally in the Banking and Financial sector stocks. These stocks were already undervalued and under owned. Also,there is possibility that Government will infusing liquidity in Banking system by giving 1.5 Lac Crores worth package to help banks during Covid-19 times. Banks have more than 10 lac Crores of NPAs. Covid times will make its NPAs double. That's the reason Banking system needed support. Hope Government will ensure that Businesses keeps getting loans from banks to keep economy running. Thank you for listening to my podcast 'Market Updates by Stocksbaazigar'. Do add this podcast in your favorite list. Visit www.stocksbaazigar.com website for further details. Follow Stocksbaazigar on Twitter and Instagram. Subscribe to my Youtube channel 'Stocksbaazigar'. Like Page 'stocksbaazigar.com' for important updates,stocks ideas, personal Finance etc related things. Thank you once again.