Sensex, Nifty Continue To Rise; Banks, FMGC, Infra Lead - Dollar Advisory & Financial Services

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Friday 30 December 2016

Sensex, Nifty Continue To Rise; Banks, FMGC, Infra Lead

NSE is good to go to turn out with its Rs 10,000 crore IPO and IFCI which holds 3.05 percent stake is in core interest. Sanjeev Kaushik of IFCI, addressing CNBC-TV18, said that board has taken a choice to offload 25 percent of its immediate holding in NSE. IFCI straightforwardly holds 3.05 percent which works out to around 13,72,000 shares. Stock Holding, a hundred percent backup of IFCI, has 4.4 percent in NSE.

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