Market Afternoon Session: Market trades higher as banks lead, Nifty reclaims 12,200 Updated : December 27, 2019 01:56 PM IST The Nifty PSU Bank index rose over 3 percent after the Reserve Bank of India’s announcement to conduct another simultaneous purchase and sale of government bonds. While major buying was seen in banking stocks, gains in index heavyweights like RIL, HDFC, SBI, Axis Bank, and L&T also lifted the indices. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.