Telecom, banks, pharmaceuticals, services and consumer discretionary-related may face some heat with the passage of Goods and Services Tax (GST) as the current tax rate may go up to 18 per cent from 15 per cent
For the week ended July 15, the 30-share index gained 709.60 points to 27836.50 from 27126.90 on July 8. Likewise, the 50-share index advanced 218.20 points to 8541.40 from 8323.20 during the week under review.
Experts say cement sector will report growth in first quarter of FY17 driven by strong improvement in price especially in North and Central regions, moderated volume growth (10% yoy in 1QFY17 for the coverage universe), and c
For the week ended July 7, the 30-share index lost 18.01 points, or 0.07 per cent down to 27,126.90. The index was at 27144.91 on July 1. Likewise, the 50-share index Nifty closed 5.15 points, or 0.06 per cent down at 8323.20
Indo Count Industries (soared 8,251 per cent), Avanti Feeds (soared 7,535 per cent) , 8K Miles Software Services (jumped 5,336 per cent), Arrow Greentech (soared 5,264 per cent) are the stocks which multiplied investors wealt
The British pound tanked over 9 per cent against dollar on Friday and hit its lowest level since September 1985 as UK referendum counting hinted as 'Brexit' taking a lead over 'Bremain' on chances that Britain will leave the