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Market News - GMR Infra gains, United Breweries Jumps 9% , Bank stocks rally

GMR Infra gains- GMR Infra At Near Seven-Month High as much as 9.8 per cent to Rs 21.35, its highest level since Sept. 03, 2018. The company announced that a consortium of a Tata Group company, Singapore's sovereign wealth fund GIC and SSG Capital Management have agreed to invest around Rs 8,000 crore in its airports business. Bank stocks rally helps Nifty Bank to touch a fresh record high of 30,100 -  A rally in blue-chip bank scrips led by IndusInd Bank helped the Nifty Bank index surge past the previous high of 30,008-mark. IndusInd Bank shares are trading 4% higher at Rs 1779 on NSE, while Yes Bank shares are higher by 2.5% to Rs 260. RBL, Bank of Baroda, IDFC, Axis Bank, HDFC Bank all touched their respective 52-week highs.  Sheela Foam At Over 20-Month Low- Shares of the Ghaziabad-based foam maker fell as much as 7.5 percent to Rs 1,206, the lowest since July 2017. The promoters said they will sell 42.3 lakh shares or 8.68 percent of equity capital of the ...