Wednesday, 16 November 2016

Nifty reclaims 8200, Sensex rises over 300 pts

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In a departure from the norm, the government has decided to present the Union Budget for FY18 on February 1, 2017. In the past, Budget has been presented on the last working day of February. The move is aimed at expediting implementation of various schemes beginning March 1, 2017, the newspaper report stated, quoting two persons familiar with the development. 9:45 am Deal: JM Financial subsidiary JM Financial Products has acquired over 19 lakh shares in India Home Loan (IHL), translating into over 17 percent in the firm.

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