Nifty50 has hit the much-awaited 10,000 mark or the five-digit level for the first time in its 21-year history. HDFC Securities said that the Sebi’s recent circular on P-notes set the cat amongst the pigeons. Loan growth of 23 per cent and Deposit growth of 17 per cent were marginally ahead of market expectations. The bank had reported a sub-20 per cent growth in March (18.25 per cent) and December quarter (15.14 per cent) in the December quarter, thanks to cash ban. Tata Steel and ICICI Bank rose 0.8 per cent and 0.6 per cent respectively.

Source: Economic Times July 25, 2017 03:48 UTC