Sensex in line with Asia, gains 146 pts; Nifty tops 9600
20 Июня 2017, 10:54 | Jan Cross
Around 1 p.m., the wider Nifty of the National Stock Exchange (NSE) rose by 39.80 points or 0.42 per cent to trade at 9,627.85 points. BSE Sensex opened 80.96 points or 0.26% higher at 31,392.53 points, while NSE Nifty, the broader gauge, opened 12.95 points or 0.13% higher at 9,670.50 points.
Market breadth was negative with 1,150 advances against 1,431 declines.
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The S&P BSE banking index too traded with gains of 294.35 points or 1.10 per cent.
In the 17th meeting of the GST Council that was held on Sunday, it was decided that for the first two months, tax will be payable based on a simple return (form GSTR-3B) containing a summary of outward supplies which will be submitted before 20th of the succeeding month.
Market participants also seemed comforted by Sebi's plans to relax its norms for direct registration of foreign investors and fast-track the listing process for companies, including startups, as part of efforts to make the Indian stock market more attractive for investments.
India's key equity indices edged higher on Tuesday as technology shares rose, while a fall in lenders following the Punjab state government's farm loan waiver in the country's so-called granary capped gains.
Rising up by up to 1.45%, prominent gainers include Tata Motors, Infosys, PowerGrid, Tata Steel, Reliance Industries and ONGC. Japan's Nikkei 225 has surged 225 points; Hong Kong's Hang Seng has shed 13 points, while China's Shanghai Composite has slipped 4 points.
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