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Indian market ends Monday on positive note

| | Mar 06, 2017, at 10:11 pm
Mumbai, Mar 6 (IBNS): The Indian market closed Monday on positive note after index heavyweights managed to hold up the market on a subdued day, according to media reports.

The BSe Sensex was up 215.74 points at 29048.19 while NSE Nifty was up 65.90 points at 8963.45.

On Saturday, the Goods and Services Tax (GST) Council, headed by Finance Minister Arun Jaitley, cleared two key bills -- the Integrated GST (IGST) and Central GST (CGST) -- raising hopes for the scheduled roll out on Jul 1.

During the next meeting scheduled for Mar 16, State Goods and Service Tax (SGST) and Union Territories Goods and Service Tax (UTGST) are also expected to be passed without trouble, media reports said.

On Monday, some of the key stocks that topped the  BSE Sensex list were Reliance Industries, Tata Motors, Adani Ports, NTPC, SBI and Bharti Airtel  while TCS, Sun Pharma, Dr Reddy's and HUL were the top losers.

 

Image: Wikimedia Commons

 

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