Realty stocks gained after RBI in its first monetary policy of FY17-18 allowed banks to invest in Real Estate Investment Trusts or REITs and Infrastructure Investment Trusts or InvITs. Expecting much needed relief to real estate and infrastructure companies, ... The Financial Chronicle, 3 weeks ago
Market breadth depicted gains with 1,476 advances over 1,403 declines on the BSE. 140 stocks remained unchanged. Benchmark indices pared losses to end the day on a flat note after the Reserve Bank of India decided to keep the repo rate unchanged at 6.25% in line with the market expectations. Maintaining the ‘neutral’ stance, the Central Bank raised the FY17 GVA target for FY18 to 7.4%. However, it raised the reverse rate to 6% from 5.75% due to narrowing of the liquidity adjustment ...Rediff.com, 3 weeks ago
After staying a bit sluggish in the last two sessions on profit taking, the Indian stock market ended on a firm note on Wednesday as investors switched over to the buying mode on the back of encouraging data on December quarter GDP. A survey report from ...Sify, 1 month ago Sensex ends nearly 200 points up Sify, 2 months ago
Bharti to spend Rs 1,600 cr for spectrum payout over 10 yrs; Telenor to service its own debt. In what will lead to yet another multinational exit in the telecom space, Bharti Airtel on Thursday announced the acquisition of Telenor India. It’s a no-cash deal, which will see Norway’s telco packing up and leaving the country, as business had become unsustainable. While the companies refused to speak on the size of the deal, sources in the know pegged Bharti’s cost of ...Rediff.com, 2 months ago
Posted by Equitymaster Most of the global financial markets ended the week on a positive note. The Brazilian index registered a 2.6% growth over the week, making it the top gainer. Indices in Hong Kong (up 1.9%) were among the top gainers for the week as ...Equitymaster.com, 2 months ago Global Markets Close the Week on a Positive Note Equitymaster.com, 2 months ago
The Union Budget 2017-18 provided the feel-good factor as the Sensex today leaped close to 486 points to close at an over 3-month high of 28,142, with financial and realty stocks powering the momentum. Markets welcomed the budgetary proposals of infusing Rs ...The Financial Chronicle, 2 months ago Budget 2017 pushes Nifty above 8,700 for 1st time since October 25 Rediff.com, 2 months ago
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