Stock market ends five-day winning streak
At close, Sensex was down 609.28 points, or 0.82%, at 73,730.16. Meanwhile, Nifty opened higher at 22,620.40 and touched a low of 22,419.90 in intraday trades.
At close, Sensex was down 609.28 points, or 0.82%, at 73,730.16. Meanwhile, Nifty opened higher at 22,620.40 and touched a low of 22,419.90 in intraday trades.
Sensex closed 487 points, or 0.66%, higher at 74,339.44 while the Nifty closed the day with a gain of 168 points, or 0.75%, at 22,570.35 on the monthly F&O expiry day.
On the BSE Sensex, 13 of the 30 stocks ended in the red with TCS, Tech Mahindra, Maruti Suzuki India, Reliance Industries, and Titan were the top drags for the day. JSW Steel, Tata Steel, Power Grid Corp., Kotak Mahindra Bank, and UltraTech Cement, were the top gainers.
Sensex was up 599.34 points, or 0.83 per cent at 73,088.33, while the Nifty was up 151.20 points or 0.69 per cent at 22,147.
Sensex closed with a loss of 455 points, or 0.62%, at 72,488.99 while the Nifty 50 ended the day at 21,995.85, down 152 points, or 0.69%.
Under the new income tax regime, somebody who does not avail of the existing exemptions such as medical insurance or investment in the stock market or in house purchase are supposed to be taxed at lower rates.
Further, Pradhan said that Foreign Ministry is in constant touch with countries in the region.
During the trading session, S&P BSE Sensex index rose as much as 309 points to hit 39,361.06.
The Sensex rose as 178.74 or 178.74 per cent to touch 39,230.80 at 1216 hours. Similarly, NSE Nifty moved 46.60 or 0.40% to reach 11,632.95.
Sensex rose around 103.9 points to 38,702.89 and the NSE Nifty rose 16.9 points to 11,480.90 in the early minutes of the trading.