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indian-stockMUMBAI: Indian shares hit their highest in nearly 19 months on hopes the logjam in parliament may end after the government agreed to a vote on allowing foreign entry in multi-brand retail and helped by an upgrade of Indian equities by Goldman Sachs.

 

The BSE index rose to its highest since May 2, 2011 when it hit an intraday high of 19,253.87.

 

Goldman Sachs raised Indian stocks to 'overweight' from 'market-weight', citing growth recovery and inflation moderation ahead.

 

The NSE index also hit its highest level since April 28, 2011.

Copyright Reuters, 2012


 



 
Index Closing Chg%
Arrow DJIA 16,351.38 1.82
Arrow Nasdaq 4,749.98 2.46
Arrow S&P 1,948.86 1.83
Arrow FTSE 6,083.31 0.41
Arrow DAX 10,048.05 0.32
Arrow CAC-40 4,554.92 0.30
Arrow Nikkei 18,095.40 0.39
Arrow H.Seng 20,934.94 1.18
Arrow Sensex 25,453.56 0.95





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Banking Review 2014


Annual2013/14
Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
MonthlyJune
Trade Balance $-2.378 bln
Exports $2.016 bln
Imports $4.394 bln
WeeklyAugust 27, 2015
Reserves $18.509 bln