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Indian benchmark indices decline on Monday, Jaitley places GST Bill in Parliament

Indian benchmark indices decline on Monday, Jaitley places GST Bill in Parliament

India Blooms News Service | | 27 Mar 2017, 04:07 pm
Mumbai, Mar 27 (IBNS): The Indian market ended Monday on low key with BSE Sensex down 184.25 points at 29237.15 and NSE Nifty down 62.80 points at 9045.20.

Weak global cues and poor performance by some index heavyweights were largely responsible for the decline, according to reports.

Some of the key stocks that gained on Monday were SBI, Bank of Baroda, HDFC, Dr Reddy's Labs, BHEL and ITC while Tata Steel, Idea Cellular, Reliance, Asian Paints, Coal India and Wipro declined.

The Union Finance Minister Arun Jaitley placed the Goods and Services Tax (GST) Bill 2017 in the Lok Sabha on Monday. The four bills that were placed were  Central GST Bill, the Integrated GST Bill, the Union Territory GST Bill, and the GST (Compensation to States) Bill.

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