Share market update news: On Wednesday, the local stock market returned and the BSE Sensex was in profit of 410 points in the ups and downs, while the NSE Nifty rose by 135 points. Tata Steel gained 5.90 percent among the companies included in the Sensex. Apart from this, Titan, Mahindra & Mahindra, ITC, Internal, State Bank of India and Trent were prominently benefited. The market was in the market with hope for buying in metal shares and the results of GST Council meeting. The GST Council’s 2 -day meeting has started in New Delhi. In this meeting, the proposal to reduce tax slab to 5 percent and 18 percent will be discussed.
After the ups and downs, the BSE Sensex based on thirty stocks climbed 409.83 points, or 0.51 percent to close at 80,567.71 points. During trading, the Sensex went up to 80,671.28 points at a time high and came down to 80,004.60 points. In total, 666.68 points fluctuated. NSE Nifty, based on fifty shares, climbed 135.45 points, or 0.55 percent to close at 24,715.05 points.
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A two -day meeting of the GST Council has started in New Delhi. In this meeting, the proposal to reduce tax slab to five percent and 18 percent will be discussed. Tata Steel gained 5.90 percent among the companies included in the Sensex. Apart from this, Titan, Mahindra & Mahindra, ITC, Internal, State Bank of India and Trent were prominently benefited.
On the other hand, damage shares include Infosys, NTPC, Hindustan Unilever, TCS, Adani Ports and Bharti Airtel. After the mixed start, the stock markets, excited with the hope of encouraging the consumption-based sector, closed with an edge.
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Jiojit Investments Ltd. The research head of research Vinod Nair said, the perception of the market in the near period will depend on the results of the GST Council meeting…. In other markets in Asia, South Korea’s Capsy closed in a positive realm, while Nikki of Japan, Shanghai Composite of China and Hong Kong’s Hangseng remained in disadvantage. There was a boom in the afternoon trading in the major markets of Europe.
The US markets closed down on Tuesday. According to the stock market data, foreign institutional investors (FIIs) sold shares worth Rs 1,159.48 crore on Tuesday. Global oil standard Brent crude fell 1.52 percent to $ 68.09 per barrel. The Sensex broke on Tuesday 206.61 points to 80,157.88 points and the Nifty fell 45.45 points to 24,579.60.
(Input agency) Edited by: Chetan Gour
