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Mumbai: The Budget rally on Dalal Street continued for the fifth consecutive session on Friday, taking the Sensex past the 51k mark for the first time ever, but it closed below that level. With SBI,
Kotak Bank and HDFC Bank leading, the Sensex touched an all-time high of 51,073 points, before ending 117 points up at 50,732 its highest ever closing level. On the NSE, the Nifty too crossed the 15k mark for the first time, but closed below that level at 14,924 with a 29-point gain.
Since February 1, the Sensex has added 4,446 points, or 9.6%. This is the highest gains in terms of both points and percentage for the index in one week after the Budget over the last 10 years. In terms of percentage gains, the 26% over one week after Manmohan Singh’s 1992 Budget tops the charts (see graphic).
PFC Rs 5K cr bonds issue over-subscribed, closed 11 days ahead of schedule
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Last Updated: Jan 18, 2021, 07:46 PM IST
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Power Finance Corporation (PFC) has planned to raise Rs 10,000 crore through bonds in two tranches.
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But the issue had to be closed on Monday, the second day of trading, due to over-subscription on BSE.
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NSE
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Power Finance Corporation s Rs 5,000 crore taxable non-convertible debentures (NCDs) issue was subscribed close to nine times on Monday and closed for subscription 11 days ahead of the schedule, according to the BSE data.
Power Finance Corporation (PFC) has planned to raise Rs 10,000 crore through bonds in two tranches.