President Donald Trump on Monday downplayed any possible action by the Federal Reserve before U.S. central bank's meeting this week, even as its rate-setting panel is expected to lower borrowing costs.
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President Donald Trump on Monday downplayed any possible action by the Federal Reserve before U.S. central bank's meeting this week, even as its rate-setting panel is expected to lower borrowing costs.
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Market benchmark BSE Sensex rose over 200 points in early trade on Thursday tracking massive foreign fund inflow amid positive domestic and global cues. Inching closer to its all-time intraday high, the 30-share index was trading 220.26 points, or 0.55 per cent, higher at 40,272.13, and the broader NSE Nifty advanced 64.80 points, or 0.55 per cent, to 11,908.90. Top gainers in the Sensex pack included SBI, Infosys, ITC, Sun Pharma, HDFC Bank and ICICI Bank, rising up to 2.64 per cent.
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The benchmark equity index, Sensex, surpassed its previous lifetime high during the early trade on Thursday. The Sensex peaked at 40,345 after the US Federal Reserve slashed it interest rates for the third time this year. After opening on a strong note, the 30-share index was trading 263.69 points, or 0.66 per cent, higher at 40,315.56 in morning session. The broader NSE Nifty too advanced 71.85 points, or 0.61 per cent, to 11,915.95. Top gainers in the Sensex pack included SBI, Infosys, Tata Motors, Yes Bank and Sun Pharma, rising up to 4.35 per cent.
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In a landmark move by the government, the GST Council has brought down the GST rate on electric vehicles (EVs) to 5 per cent from 12 per cent. The move has come as a shot in the arm for the auto industry which has been pushing for a tax boost to promote the sale of EVs.
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Canada, America ਤੇ U.K ਨੂੰ ਛੱਡ Germany ਕਿਉਂ ਜਾਣ ਲੱਗੇ ਲੋਕ! ਜਾਣੋ ਪੂਰੀ ਕਹਾਣੀ
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