Friday 5 January 2018

Midcap Outperforms Nifty, Sensex Holds Rally; IDFC Bank, RCom Jump

Benchmark indices continued to trade higher, with the Sensex rising 160.09 points to 34,129.73 and the Nifty gaining 42 points at 10,546.80. About 1,639 shares advanced against 1,069 declining shares on the BSE.
The bank recapitalisation took a giant step forward yesterday when the parliament sanctioned its approval for Rs 80,000 crore of public sector undertaking (PSU) recap bonds. In an interview to CNBC-TV18, Dinabandhu Mohapatra, MD & CEO of Bank of India said the government will give capital based on performance. For More Information Please Visit : www.paceresearchindia.com and Call : 8817774774

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