Bank Nifty topped the buying list among sectoral indices, up 3.7 percent to 17,588.50, the one-month high.
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Sensex up 500pts, Nifty hits 8050; Bank Nifty at 1-mth high (18-09-2015)
8K Miles hits new high, up 4% on acquisition of US company (18-09-2015)
“US subsidiary 8K Miles Software Services Inc has entered into a stock purchase agreement with NexAge Technologies USA Inc. The agreement includes acquisition of intellectual property, technical solutions, client contracts, and employees,” the cloud solutions provider said.
Nifty nears 8050, Sensex strong; HUL, GAIL, Bharti laggards (18-09-2015)
Axis Bank, ICICI Bank, MM, HDFC Bank and SBI are top gainers while Tata Motors, HUL, GAIL, Bharti Airtel and Bajaj Auto are major losers in the Sensex.
Resist pleas for subvention, easy credit: Rajan to industry (18-09-2015)
India has to implement reforms for sustainable growth, which in turn will allow companies to improve competencies.
Economy to turnaround faster if Railways steps up spend: FM (18-09-2015)
The economic reforms of investing in irraigation are always the fastest; you build up a huge agricultural buffer, you control food prices, and you build up a large purchasing power among majority of India, this impact other sectors–both manufacturing and services, Jaitley said
Room for RBI to cut rates; Fed likely to hike in Dec: SBI (18-09-2015)
SBI, Chairman, Arundhati Bhattacharya says there is space for RBI to cut rates and expects US Fed to hike in December.
Sensex to see 28,000; expect RBI to cut rate: Deutsche (18-09-2015)
Positives like more foreign investments, increased government capital expenditure (capex) and the expected BJP win in Bihar elections is making the market more attractive for investors, says Pratik Gupta, Head-Equities at Deutsche Bank India.
Bank Nifty up 3%; govt mulls raising FDI limit in pvt banks (18-09-2015)
Axis Bank, HDFC Bank, ICICI Bank, Yes Bank etc gain 2-5 percent. According to a media report, the government is considering increasing the foreign direct investment (FDI) limit in private banks to 100 percent, from the existing 74 percent.
Nifty to make news highs this year; buy financials: Quantum (18-09-2015)
While the immediate outlook is cloudy, the Nifty is poised to head higher in the medium term and a re-test of old highs of around 9,300 could be on the cards, says Sanjay Dutt, Director at Quantum Securities.
Nifty to make new highs this year; buy financials: Quantum (18-09-2015)
While the immediate outlook is cloudy, the Nifty is poised to head higher in the medium term and a re-test of old highs of around 9,300 could be on the cards, says Sanjay Dutt, Director at Quantum Securities.