INDIAN BENCHMARKS ended on
positive momentum on amid positive global cues and strong inflow of foreign
money. Non-bank financial companies
surged after the election commission allowed the central bank to announce new
bank licences.
Further, Reliance Industries rose 1.52%
after the company said that Export Development Canada has announced $500
million in financing for the company. Coal India Ltd have sought the
government's intervention for early Cabinet approval of performance-linked pay.
Coal India employees had gone on a three-day strike to demand for a settlement
of pay-related issues last month.
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