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Investor wealth surges by Rs 1.84 lakh crore as stocks soar

The index rising for the fourth straight session surged 564.60 points to settle at 26,785.55. A couple of factors had a role to play in the near 600- points Sensex rally witnessed on Monday.

Sensex, Nifty rise over 2%, gain most since Jan

Indexes posted a fourth consecutive day of gains after earlier hitting their highest intraday levels since August 21. Markets were closed on Friday for a public holiday.

The fast-track approvals process will ensure that German firms will have a single point of contact in the Indian administration

Commerce Secretary Amitabh Kant said that under the fast-track arrangement India "would monitor on a monthly basis all issue for German companies.'

SBI said the new rates would be applicable to all home loans with effect from October 5.

Home loan customers of the top lender will have to pay up to 0.7 per cent above the base rate, and interest of as much as 10 per cent for their loans.

Stocks that made news today: Tata Motors, Maruti and more

Shares of Maruti Suzuki fell over 4 per cent intraday to settle at Rs 4415.45, down 3.59 per cent after global investment bank Jefferies downgraded the stock to "underperform" from "buy".

Tue Oct 06 06:44:05 IST 2015
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