Daily Archives: January 5, 2018

Nifty, Sensex on all time high on fund inflows

BSE-Bombay_Stock_Exchange_Building

The BSE Sensex on Friday soared to the life-time high of 34,175.21 and the NSE Nifty scaled the historic 10,562.80 mark in late morning trade as banking, metal and realty stocks advanced following continuous foreign fund inflows and increased buying by domestic institutional investors. The 30-share Sensex spurted 205 points, or 0.60 per cent, to all-time high of 34,175.21 points, ...

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Budget session to begin by Jan 29

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DAINIK NATION BUREAU The Budget session of Parliament will commence from January 29 and the union budget will be presented on February one, the Cabinet Committee on Parliamentary Affairs recommended today. President Ramnath Kovind will address the joint sitting of the two Houses on January 29 and the Economic Survey will be tabled on the same day, Parliamentary Affairs minister Ananth ...

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SBI may reduce its minimum balance ceiling

DAINIK NATION BUREAU The State Bank of India is planning to reduce its minimum balance requirement after a report that said the lender profited from fines. The minimum balance limit is currently Rs 3,000 in urban branches. SBI had originally increased the minimum balance requirement to Rs 5,000 in June, 2017. However, following public backlash the bank brought down the ...

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