Post Session- Fantastic Friday at Dalal Stre..
(21-Nov-14 04:37 Hrs IST)
The key domestic benchmarks surged to fresh highs on Friday as the Sensex rallied 267 points led by gains in Banking and Capital goods stocks as investors cheered Kotak Mahindra Bank’s acquisition of ING Vysya Bank in an all-stock deal. Further, a wave of optimism swept Dalal Street on hopes that the upcoming Winter Session of Parliament beginning next week may see some major progress on key reforms including raising the FDI limit in insurance and GST implementation.
Asian stocks surged on hopes of fresh China stimulus while better than e..