Todays Market Buzz : The Sensex is up 40.37 pts at
28460.49, and the Nifty is up 11.30 pts at 8614.75. Around 937 shares
have advanced, 755 shares declined, and 111 shares remains unchanged.
Infosys is up 8 % while Sun Pharma goes down 11 %.Click Here Bank Nifty Futures Tips
Officials Of world's largest emerging nations
established the New Development Bank (NDB), the second of two new
policy banks heavily backed by Beijing that are being pitched as
alternatives to existing institutions such as the World Bank. Also
known as the BRICS bank, it follows soon after the establishment of
the China-led Asian Investment Infrastructure Bank (AIIB).
The new bank will fund infrastructure and
development projects in BRICS countries - Brazil, Russia, IND(India),
China and SA(South Africa). The ceremony concludes a lengthy wait
since the NDB was first suggested in 2012. Disagreements over the
bank's capital, management & headquarters had slowed its launch.
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