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Rs 5,000 to women ahead of Tamil Nadu polls! Vijay slams Stalin, says: ‘take the money, blow the whistle’ | Modi congratulates Tarique Rahman as BNP clinches majority in Bangladesh polls | Bangladesh Polls: Tarique Rahman-led BNP secures 'absolute majority' with 151 seats in historic comeback | BJP MP files notice to cancel Rahul Gandhi's Lok Sabha membership, seeks life-long ban | Arrested in the morning, out by evening: Tycoon’s son walks free in Lamborghini crash case | ‘Why should you denigrate a section of society?’: Supreme Court pulls up ‘Ghooskhor Pandat’ makers | Bangladesh poll manifestos mirror India’s welfare schemes as BNP, Jamaat bet big on women, freebies | Drama ends: Pakistan makes U-turn on India boycott, to play T20 World Cup clash as per schedule | ‘Won’t allow any impediment in SIR’: Supreme Court pulls up Mamata govt over delay in sharing officers’ details | India-US trade deal: ‘Negotiations always two-way’, says Amul MD amid farmers’ concerns

Indian markets appear to have absorbed Brexit concerns

| | Jun 30, 2016, at 10:59 pm
Mumbai, Jun 30 (IBNS): Indian benchmark indices appear to have overcome Brexit concerns and went back to its pre-Brexit range on Thursday, with the Sensex going up 259.33 points to 26999.72 and the Nifty going up up 83.75 points to 8287.75.
Hopes of a good monsoon and the likely clearance of the GST Bill in the upcoming monsoon session of the Parliament also boosted market sentiments.
 
The pay hike declared by the central government for its employees and pensioners is encouraging news for many sectors. Auto stocks extended their gains on Thursday, with Tata Motors, Bajaj Auto, Maruti Suzuki, Mahindra & Mahindra and Hero MotoCorp featuring among the gainers.
 
Other stocks that gained on Thursday were Hindalco Industries, Axis Bank, ICICI Bank, Dr Reddy's Labs, L&T, HUL, Asian Paints, Bharti Airtel, and NTPC.
 
Sun Pharma, HDFC Bank and Infosys featured among the losing stocks on Thursday.
 
Reserve Bank of India (RBI) Governor Raghuram Rajan on Thursday met Union Finance Minister Arun Jaitley in the national capital, fuelling some speculations since Rajan had earlier announced not to seek a second term amid an attack on him by BJP MP Subramanian Swamy. 

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