Tag: GST

Daily Market Highlights SEP 16

Previous Day Market Update  Sensex closed at 58723.20 up by 476.11 points Nifty closed at  17519.45 up by 139.45 points On Wednesday, the Union Cabinet cleared the Rs.25,938 crore PLI scheme for automobile sector. To be eligible for the performance-linked incentive (PLI) scheme, auto companies must invest Rs.2,000 crore for 4-wheelers and Rs.1,000 crore for

Daily Market Highlights SEP 07

Previous Day Market Update  Sensex closed at 58296.91 up  by 166.96 points Nifty closed at  17377.80 up by 54.20 points Rating agency, Fitch, has raised doubts over BPCL sale going through on times. Apart from process complexity, valuation disputes may also delay the process, according to Fitch. The agency continues to look at the potential

Daily Market Highlights AUG 02

Previous Day Market Sensex Closed At 52,586.84 down  by 66.23  points  Nifty Closed At 15,763.05 down  by 15.40  points  GST collections for July 2021 came in at Rs.1,16,393 crore, crossing the Rs.1.1 trillion mark once again giving a clear indication that the recovery post COVID 2.0 was underway. This marks a 3-month high in inflows

Daily Market Highlights JUN 07

Previous Day Market Sensex closed at 52,100.05 down by 132.38 pointsNifty closed at 15,670.25 down by 20.10 points There is good news on the paddy procurement front in Kharif output for 2020-21. For the previous Kharif season 2020-21, the paddy procurement stood at a record high of 805.21 LMT, sharply better than the 773.45 LMT

Daily Market Update May 3

Previous Day Market Sensex closed at 48,782.36 down by 983.58 points Nifty closed at 14,631.10 down by 263.80 points Five states have given out clear messages in assembly elections. While the DMK swept Tamil Nadu and the LDF took Kerala, there was little surprise that the BJP dominated Assam and Puducherry. The big bet was