Monday, 22 December 2014

HDFC Bank nears record high as FIPB clears FDI proposal

Shares in have moved higher by nearly 3% to Rs 965 on NSE, after the Foreign Investment Promotion Board (FIPB) cleared the proposal of bank to expand its equity base by up to Rs 10,000 crore.
The stock opened at Rs 954 and touched a low of Rs 942 in early morning trade on NSE. It touched a record high of Rs 966 touched on November 28, 2014.

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