January 07, 2025 02:48 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
H-1B visa renewal will get simpler in 2025, Indians to benefit most as home country travel won't be required | As India detects 3 HMPV cases, #lockdown trends; Centre says no need to panic | Justin Trudeau announces resignation as Canada's PM amid rising pressure by partymates | 8 jawans, driver killed as Maoists blow up security vehicle in Chhattisgarh's Bijapur | Atul Subhash suicide: Karnataka High Court refuses to quash FIR against wife Nikita Singhania | Delhi elections: Congress launches Pyari Didi scheme promising Rs. 2,500 per month to women residents | Chhattisgarh journalist murder: Victim's heart was ripped out, had 15 fractures to head, a broken neck; accused arrested | India's health ministry confirms two HMPV cases in Karnataka | Canadian PM Justin Trudeau may step down as Liberal Party leader this week: Reports | Bharatiya Janata Party releases first list of candidates for Delhi Assembly polls, fields Parvesh Sahib Singh Verma against Kejriwal

Volatile throughout on Thursday, the Indian market closes lower on Union Budget day

| @indiablooms | Feb 02, 2018, at 01:26 am

Mumbai, Feb 1 (IBNS): While Union Finance Minister presented the Central government's Budget 2018-19 on Thursday, the Indian market was marked by volatility, ultimately ending the day on negative note, according to media reports.

Although the market opened on positive note on Thursday, it slid sharply after the FM announced long term capital gains tax on equity investments beyond Rs 1 lakh, media reported.

Although the market recovered later in the day, it could not hold on to its gains and closed lower, with BSE Sensex down 58.36 points at 35906.66 and NSE Nifty down 10.80 points at 11016.90.

Top gainers on Thursday included M&M, Eicher Motors, Bajaj Auto, Bajaj Finance, L&T, Asian Paints and IndusInd Bank while Sun Pharma, ONGC, Dr Reddy's Labs, SBI, ICICI Bank, Aurobindo Pharma and Lupin were among the losers.


key words: Indiansharemarket, BSE, NSE, Sensex, Nifty
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.