Tag: Indian equities

The Nifty 50 index closed at 24,154.90, down 132.75 points or 0.55 per cent, while the BSE Sensex closed at 77,235.46, lower by 492.70 points or 0.63 per cent. (ANI Video Grab)
Posted in Business

Sensex down 493 points, Nifty too ends in red amid high crude prices, rising US bond yield

The equity markets extended their decline on Tuesday, with both benchmark indices closing in the red as elevated crude oil prices, rising US bond yields…

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Posted in Economy

India says no proposal to offer long-term tax relief for domestic equity investors

India’s finance ministry told the parliament on Monday that there is no proposal to scrap long-term capital gains tax on equities for domestic investors, despite…

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With the artificial intelligence frenzy roiling benchmark gauges from Asia to the US, the NSE Nifty 50 Index is becoming a safe haven of sorts for global investors. (Representational Image/Pixabay)
Posted in Business

Global investors looking for shelter amid AI storm turn to India

After losing out big on the global AI rally, Indian equities are regaining the attention of investors seeking to weather the latest market turbulence. With…

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The Union ministry of finance said further reforms have been introduced to make foreign investment in equities and government securities more accessible, efficient and globally competitive. (File Photo)
Posted in Business

Centre eases FPI norms, offers tax relief to attract foreign capital

The central government on Friday announced a series of measures aimed at attracting foreign investments, including easier investment norms for foreign individuals in Indian equities,…

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Posted in Economy

HSBC downgrades India to ‘underweight’ as oil clouds outlook

HSBC downgraded Indian equities to “underweight” from “neutral” – its second cut in less than a month – as it expects surging energy prices triggered…

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