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Nifty, Sensex shares rise; old banknote deposits swell at lenders

Reuters 

(Reuters) - Indian rose on Tuesday for a second consecutive session after the Reserve of (RBI)said lenders had received 8.45 trillion rupees ($123.07 billion) in deposits, a substantial amount of the notes that were declared worthless earlier this month.

rose 0.17 percent to 26,394.01, after rising as much as 0.90 percent in the session.

rose 0.19 percent to 8,142.45.

($1 = 68.6600 Indian rupees)

(Reporting by Tanvi Mehta in Bengaluru; Editing by Vyas Mohan)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Nifty, Sensex shares rise; old banknote deposits swell at lenders

(Reuters) - Indian shares rose on Tuesday for a second consecutive session after the Reserve Bank of India (RBI)said lenders had received 8.45 trillion rupees ($123.07 billion) in deposits, a substantial amount of the notes that were declared worthless earlier this month.

(Reuters) - Indian rose on Tuesday for a second consecutive session after the Reserve of (RBI)said lenders had received 8.45 trillion rupees ($123.07 billion) in deposits, a substantial amount of the notes that were declared worthless earlier this month.

rose 0.17 percent to 26,394.01, after rising as much as 0.90 percent in the session.

rose 0.19 percent to 8,142.45.

($1 = 68.6600 Indian rupees)

(Reporting by Tanvi Mehta in Bengaluru; Editing by Vyas Mohan)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Nifty, Sensex shares rise; old banknote deposits swell at lenders

(Reuters) - Indian rose on Tuesday for a second consecutive session after the Reserve of (RBI)said lenders had received 8.45 trillion rupees ($123.07 billion) in deposits, a substantial amount of the notes that were declared worthless earlier this month.

rose 0.17 percent to 26,394.01, after rising as much as 0.90 percent in the session.

rose 0.19 percent to 8,142.45.

($1 = 68.6600 Indian rupees)

(Reporting by Tanvi Mehta in Bengaluru; Editing by Vyas Mohan)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22