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Nifty, Sensex end higher on government boost for shadow banks
- By Reuters |
- bigstories
BENGALURU - Indian shares ended higher on Thursday as the government's move to ease rules for shadow banks lifted investor sentiment, with banking, metals and finance stocks leading the gains. The Nifty ended 0.52% higher at 11,971.80 and the Sensex was up 0.54% at 40,630.19 at the closing bell. India's federal cabinet approved easier lending rules for shadow banks, the government said on Wednesday, to help them get more access to funds. The Nifty metals index and state-owned banks were the top gainers, both rising...
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