Market

Updated : Feb 1, 2019

Budget 2019: Markets end higher; auto, consumption stocks rise

The BSE Sensex climbed 212.74 points, or 0.59 per cent, to finish at 36,469.43, while the broader NSE Nifty rose 62.70 points, or 0.58 per cent, to 10,893.65.

Updated : Feb 1, 2019

Budget 2019: Sensex rallies over 500 pts; Nifty nears 11,000 mark

The 30-share Sensex was trading 506.21 points, or 1.40 per cent, higher at 36,762.90; and the 50-share Nifty inched near the 11,000 mark rallying 143.30 points, or 1.32 per cent, to 10,974.25.

Updated : Jan 31, 2019

Sensex soars 665 pts on value-buying, dovish Fed; all eyes on Budget

Heavy short-covering on expiry of January series futures and options (F&O) contracts too buoyed the benchmarks, analysts said.

Updated : Jan 31, 2019

Sensex surges over 400 points ahead of Union Budget 2019, Nifty crosses 10,750 levels

At 11:32 hours, the BSE Sensex was trading at 36,017.93, up by 426.68 points or by 1.2 per cent, amid optimism about upcoming Union Budget and dovish comments by the US Federal Reserve after it kept interest rate unchanged.

Updated : Jan 30, 2019

Budget 2019 should bring debt, hybrid funds under Section 80C

The government should consider increasing the tax deduction limit for housing loans, especially for buyers in metropolitan cities.

Updated : Jan 30, 2019

Budget 2019: Income tax relief can flood the market with liquidity

So the much talk about tax rates - slab change if comes into effect can flood the market with liquidity and certainly consumption based stocks. Automobiles, and to an extent, the Real estate sector will see direct effect of income tax relief.

Updated : Jan 30, 2019

Sensex, Nifty likely to remain volatile before Budget 2019

While it is very unlikely but if there is any relaxation on securities transaction tax (STT) or long-term capital gain tax (LTCG) tax, it will be a big reason to cheer for the equity investors.

Updated : Jan 22, 2019

Sensex, Nifty likely to move higher in run-up to Budget 2019

While a large upmove from the current Nifty levels of 10887 on Jan 15, 2019 seems unlikely, Nifty can still attempt to rise to 11,200-11,300 levels before correcting. In the process, a lot of stocks and sectors may sequentially undergo upward correction of the recent fall.