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17 February, 2017

Market Update:
Sensex rises over 300 points,
Nifty above 8,850;
HDFC Bank surges 8% after RBI says foreign investors can buy more stocks of the bank.
Foreign Holding In HDFC Bank Hits Limit Again: RBI
Reserve Bank of India puts HDFC Bank back in FII ban list after its foreign holding crossed 74%, HDFC Bank shares up 2.8%.
Cash Position In Economy May Not Be Enough Till March: Nomura.
Letters to be sent to those who did not respond queries sent by income tax Dept on deposits made, More than 99 per cent of 7 lakh respondents accept data on deposit are correct, More than 7 lakh respond to queries raised through SMS, e-mail on bank deposits made after demonetisation.
Cadila Healthcare Shares Extend Gains, Surge Over 7%.
Idea Cellular, BHEL Sink Up To 6% On Exclusion From Nifty 50.
Restrict Number Of H-1B Visas An Employer Can Apply: US Lawmaker.


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