Get Rudra Investment tips for Shares to Buy Today in Indian Market The S&P BSE Sensex ended at 35,169, down 806 points while the broader Nifty50 index settled at 10,599, down 259 points. The benchmark indices settled over 2 per cent lower on Thursday following a weak rupee which sunk to a fresh low in the intraday trade. We observed that last few days Nifty continue falls and there is support level of 10000. In coming days nifty would be traded range of 10900 and 10400.
OPEN INTEREST AND VOLUME
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- IDBI Bank allots 339.9 mn preferential shares to LIC at Rs 61.73 apiece
- Eurozone bond yields surge after most massive U.S. Treasury selloff in two years
- ICICI Bank names Sandeep Bakhshi CEO; Chanda Kochhar quits
- Regulators say banks near full compliance with post-crisis capital rules
Govt meets 39% of its direct tax revenue target in Apr-Sept; net collection Rs 4.44 lakh crore
Revenue from direct tax grew 14 percent to Rs 4.44 lakh crore in the first six months of the current financial year 2018-19 (April-March), data released by finance ministry showed.
The numbers indicate that the government has met 38.6 percent of the total budget estimates target of Rs 11.50 lakh crore. Net direct tax collection is arrived after adjusting refunds. “Refunds amounting to Rs 1.03 lakh crore have been issued during April 2018 to September 2018, which is 30.4 percent higher than refunds issued during the same period in the preceding year,” the ministry said in a statement. Gross tax collection grew 16.7 percent on-year to Rs 5.47 lakh crore. The number, however, includes extraordinary collections under the Income Declaration Scheme(IDS)-2016, which is Rs 10,254 crore and does not form part of the Current Year’s collection.