Market Reality
India's equity markets, long buoyed by strong economic growth and rising corporate earnings, are now facing a sharp and prolonged correction.
India's equity markets, long buoyed by strong economic growth and rising corporate earnings, are now facing a sharp and prolonged correction.
The prices of two popular varieties of potatoes namely “Jyoti” and “Chandramukhi” are substantially high in the retail market with the rates ranging between Rs 35 and Rs 42 a kilogram.
An expo to showcase the pharmaceutical industry’s modernisation, innovation, and sustainability will be held in Greater Noida from November 26 to 28.
The Indian stock markets closed flat on Monday as selling was seen in the auto, pharma, FMCG, and metal sectors.
Markets lost on the first four days of the week and extended losses for five consecutive days before a complete turnaround happened on Friday, which was the first day of the August futures series.
Stocks of Reliance Industries nosedived 11 per cent in its worst single-day fall in at least 10 years as it fell to Rs 1,094.95 per share.
The Sensex of the BSE traded on 88.55 points or 0.22 per cent lower at 40,159.68 and Nifty traded at 11,865.65, down by 51.55 points
The government slashed the effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies.
Mr Partha Chatterjee, party secretary general and state parliamentary affairs minister said that the Union Budget presented by the Centre was one of a “faceless, baseless and actionless” budget.
This is the first full Budget of Prime Minister Narendra Modi-led National Democratic Alliance (NDA) government after returning to power for the second time.
