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sensex and nifty
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Banks, oil, infra stocks drag Sensex 273 pts; Nifty ends below 10,700 ahead of F&O expiry

Benchmark indices ended sharply lower amid weak global cues, dragged by oil, banking & financials and infra stocks. The 30-share BSE Sensex fell 272.93 points to 35,217.11 and the 50-share NSE Nifty declined 97.80 points to 10,671.40 while the Nifty Midcap index shed 277 points on weak market breadth. About four shares declined for every share rising

Sriram transport finance
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Shriram Transport Fin to raise Rs 5,000 crore via NCDs

Shriram Transport Finance Company (STFC) is planning a public issue for an amount of upto Rs 5,000 crore through secured redeemable non-convertible debentures (NCDs). Over the past week several large companies — Tata Steel, Ultratech Limited and Idea Cellular — have announced NCD issuances. While commercial banks had been lowering their lending rates in the early part of