Sensex 29593.73 134.59 0.46%
Nifty 8996.25 39.5 0.44%
Finance Minister P Chidambaram has reportedly said that bills on FDI in insurance and pension will be passed in Parliament for which he will soon open dialogue with the opposition parties including the BJP.
Economic situation is still very challenging, FM P Chidambaram reported.
Chidambaram also said all insurance companies have supported the IRDA proposal for raising the cap to 49%, reports said.
After Nifty witnessed 900-point flash crash, Chidambaram reported that the matter is being investigated and regulator SEBI would take necessary actions in this regard.
India Infoline News Service / 08:51, Feb 27, 2015
The outlook is a positive start .The unwinding of positions and rollover in the F&O expiry brought in the usual volatility on Thursday.