Thursday, 22 December 2016

Nifty struggles below 8000

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Corporate boardrooms remained abuzz with deal activities in 2016 with mergers and acquisitions worth over USD 52-billion and the tally may get even bigger in the new year on growing interest of global investors in the Indian businesses. The surge in deal value this year was largely driven by big-ticket transactions and consolidation in many sectors, experts said, while adding that similar trends may continue going forward in 2017. 

They said the new year looks promising in terms of domestic, inbound as well as outbound deals, but this outlook is dependent on macro-economic trends and reforms in sectors like infrastructure and power among others.

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