7/27/2017

Nitish Kumar return as Bihar CM, Nifty above 10,100, Share 52- week high

On Thursday NSE over 50 stocks including GTL Infra, Indiabulls Real estate, Alok Industries, Eastern Silk, HDFC, Yes bank, IGL, HCL Tech, Eicher Motors, Bajaj Finserv, L&T Fin holding and Bajaj finance hits fresh 52 week high. While Prakash steel, Piramal phytocare, Mandhana inds, Cambridge Tech, KSS, REI agro, FCS software, Ortel communication, and Servalakshmi paper were among 12 stocks fresh 52 week low. 

Live Market (11:45) – The 30-share BSE Sensex higher 253.48 points or 0.78 percent at 32635.94 and The 50-share NSE Nifty index trading now up 86 points or 0.86 percent at 10106.65. 

Nitish Kumar return as Bihar CM- 

* Nitish Kumar confirmed as the Bihar Chief Minister on Thursday. Sushil Kumar Modi takes pledge as Deputy Chief Minister 

 * Congress Vice-President Rahul Gandhi blamed Nitish Kumar for "cheating" the general population and the Mahagathbandhan (Grand Alliance). 

 * PM Modi congratulated the CM and Deputy Chief Minister 

 * Kumar had resigned on Wednesday evening after a delayed crack over debasement assertions with partner RJD's senior initiative. 

 * Alliance with RJD untenable in the midst of assertions of defilement against representative CM Tejashwi Yadav 

 * RJD chief Lalu Prasad calls it a major dramatization, said he has ideal to shape govt 

 * BJP says it will be a part of new Bihar government

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