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Sensex, Nifty close lower amid massive selling in heavyweight stocks, mixed global cues

Posted on October 7, 2024 By admin
Sensex, Nifty close lower amid massive selling in heavyweight stocks, mixed global cues

Bombay Stock Exchange (BSE). File | Photo Credit: Reuters Equity benchmark indices Sensex and Nifty settled lower for the sixth straight session on Monday (October 7, 2024) due to heavy selling in bellwether stocks including HDFC Bank and Reliance Industries amid mixed trends in the global markets and outflow of foreign funds. Falling for the…

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GST Council lifts tax blockages for rupee trade 

Posted on October 8, 2023 By admin
GST Council lifts tax blockages for rupee trade 

Finance Minister Nirmala Sitharaman. File | Photo Credit: PTI Amid the sustained slump in India’s exports, the Goods and Services Tax (GST) Council has cleared a few measures to boost foreign trade, including enabling tax credits for services exporters receiving payments in rupees, critical for trade with countries like Iran and Russia that face global…

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