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Thursday, August 4, 2016

GSTCleared, Sensex Up, Nifty Opens Above

The market has opened on a strong note after GST Bill was today approved by the Rajya Sabha to replace a raft of different state and local taxes with a single unified value added tax system to turn the country into world's biggest single market.

Profit-and-growth

The Sensex is up 131.39 points or 0.5 percent at 27828.90, and the Nifty up 40.55 points or 0.5 percent at 8585.40.

About 707 shares have advanced, 125 shares declined, and 21 shares are unchanged.
Tata Motors, ONGC, Hero, BHEL and Maruti are top gainers while Lupin, Bharti Airtel, Infosys and HDFC Bank are losers in the Sensex.

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