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Tag Archives: IIFL

Nifty makes history, touches 10,000: Key factors

Equity benchmark NSE Nifty touched the psychological mark of 10,000 for the first time in Tuesday’s opening trade. The broader index opened at 10,010.55, gaining 44.15 points. Here are some of the key points which contributed to the surge: Optimism among investors The policies introduced by the Narendra Modi-government have provided a ... Read More »

SBI set to hire six banks for up to $2.3 billion share sale

Mumbai: State Bank of India is set to hire Bank of America Merrill Lynch, Deutsche Bank, IIFL, JM Financial, Kotak and SBI Capital to manage a share sale of up to 150 billion rupees ($2.3 billion), IFR reported on Friday, citing two sources with knowledge of the plan.     ... Read More »