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MUMBAI (Reuters) – India’s banking stocks surged, with the Bank Nifty hitting a record high on hopes of faster reforms in the sector ahead of a two-day industry meet that starts on Friday. The one-of-a-kind retreat, spearheaded by Prime Minister Narendra Modi along with Reserve Bank of India (RBI) Governor Raghuram Rajan and Finance Minister Read More

Banking stocks surged, with the Bank Nifty Index hitting a record high on hopes of faster reforms in the sector ahead of a two-day industry meet that starts on Friday. The one-of-a-kind retreat, spearheaded by Prime Minister Narendra Modi along with central bank Governor Raghuram Rajan and Finance Minister Arun Jaitley, will include all top Read More

MUMBAI (Reuters) – The BSE Sensex and Nifty rose more than 1 percent on Friday, heading towards their sixth straight session of gains, helped by banking stocks ahead of an industry meet while a survey showing manufacturing activity expanded at its fastest pace in two years in December also boosted sentiment. Banking stocks advanced on Read More