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Mkts end at record high: Sensex up 435 pts, ends above 33K, Nifty at 10,295

All that happened in the market today

SI Reporter  |  New Delhi 

Market rundown by Vinod Nair, Head of Research of Geojit Financial Services    "Market touched a new high led by the Government’s ideal plan to fix the credit growth and lack of private investment in the country, which was a key drag on the broad economic system. Ultimately it is giving a remedy to the NPA issues and capital adequacy of banks, which is an essential for credit growth."   Nifty Infra at 7-year high Source: NSE Nifty Bank gained 3% Source: NSE PSU Banks rally Source: NSE Top Sensex gainers and losers Source: BSE Broader Markets Broader markets underpeerformed the benchmark indices with BSE midcap index up 0.4% and BSE Smallcap index down 0.2%

Benchmark indices ended the day at fresh highs with Nifty settling above 10,300 for the first time ever and Sensex above 33,000 following a mega recapitalisation package for banks and a Rs 7 lakh crore infra booster ahead of October F&O expiry. With economic revival being big on the agenda, the government on Tuesday unveiled a Rs 2.11-lakh crore support for public sector banks (PSBs), struggling with mounting bad loans, in order to spur “genuine” infrastructure lending for upcoming mega projects. The government will pump in Rs 1.35 lakh crore of this ...

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First Published: Wed, October 25 2017. 15:30 IST
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Mkts end at record high: Sensex up 435 pts, ends above 33K, Nifty at 10,295

All that happened in the market today

All that happened in the market today Benchmark indices ended the day at fresh highs with Nifty settling above 10,300 for the first time ever and Sensex above 33,000 following a mega recapitalisation package for banks and a Rs 7 lakh crore infra booster ahead of October F&O expiry. With economic revival being big on the agenda, the government on Tuesday unveiled a Rs 2.11-lakh crore support for public sector banks (PSBs), struggling with mounting bad loans, in order to spur “genuine” infrastructure lending for upcoming mega projects. The government will pump in Rs 1.35 lakh crore of this ... image
Business Standard
177 22

Mkts end at record high: Sensex up 435 pts, ends above 33K, Nifty at 10,295

All that happened in the market today

Benchmark indices ended the day at fresh highs with Nifty settling above 10,300 for the first time ever and Sensex above 33,000 following a mega recapitalisation package for banks and a Rs 7 lakh crore infra booster ahead of October F&O expiry. With economic revival being big on the agenda, the government on Tuesday unveiled a Rs 2.11-lakh crore support for public sector banks (PSBs), struggling with mounting bad loans, in order to spur “genuine” infrastructure lending for upcoming mega projects. The government will pump in Rs 1.35 lakh crore of this ...

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Business Standard
177 22