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Indian equities have been on a raging run in the year 2017 with the benchmark indices Sensex and Nifty gaining nearly 30% led by a number of factors, namely, country-wide roll out of GST, Moody’s upgrading sovereign credit rating of India, government announcing massive plan of Rs 2.11 lakh crore to recapitalise NPA-laden PSU banks and the Ease of Doing Business rating upgrade by the World Bank.

Year 2017 was undoubtedly the year of IPOs, wherein India Inc raised more than 67,000 crore in the period through the primary markets.

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