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The Indian banking industry which was dominated by public banks saw the rise of private banks post liberalization. The Indian banking industry today has become a behemoth is the driving force of the Indian economy. The Indian banking family is 12 public banks, 21 private sector banks, 44 foreign banks and 12 Small Finance banks long which is regulated by the apex bank of India- Reserve Bank of India (RBI).

The 50-share NSE Nifty breached 7800 level for the first time since August 18, 2014, down 61.55 points or 0.78 percent at 7798.40. The 30-share BSE Sensex fell 179.46 points or 0.68 percent to 26117.92. About 621 shares have advanced, 828 shares declined, and 50 shares are unchanged. Shares of Tata Motors, Bharti Airtel, ICICI Bank, HDFC Bank, ITC, L&T and Wipro declined 1-2.5 percent while Infosys, Hero Motocorp and TCS bucked the trend. cle. The Indian equity market is likely to open in the red today with the SGX Nifty trading at 7821, down 55.50 points at 7:55. Globally, the US markets logged their worst week since May 2012 with benchmark indices ending in the red for the third straight week after Standard & Poor downgraded its outlook for France to negative from stable. sensex open : 26,275.07 HIGH : 26,276.57 PREV CLOSE : 26,297.38 LOWS : 26,114.88 CNX NIFTY OPEN : 7,831.00 HIGH : 7,835.10 PREV CLOSE : 7,859.95 LOWS : 7,796.00

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Where do you see yourself 5 years down the line?" How many times have heard this template question in the interviews? Though nobody really has a clear answer for this hypothetical question, the unimaginative interviewers keep asking this questions nonetheless. I wonder what answer we will get if we ask the same question to the share market (Nifty & Sensex)

Real Estate sector is overall down from last 2 years. There is too much of unsold inventory in the market, there are troubles for working capital needs of builders due to unsold projects. Government has already taken steps to boost real estate demand by announcing extra interest rate deduction of 50 thousand from income taxes.

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Stock #Market #Tips Today 9 June :: India could be on second spot as far as Fixed Income returns are concerned but India is the best place to invest

Know where is Harshad Mehta's Brother Ashwin Mehta? Who played the major role in the scam in 1992 with his brother Harshad Mehta & what is he doing Now.