INSUBCONTINENT EXCLUSIVE:
Domestic share markets started the week on a strong note, with the BSE Sensex posting a fresh all-time closing high
0.68 per cent - its highest close since January 29
During the session, the Sensex registered a fresh all-time high of 36,749, surpassing the last all-time intraday high of 36,747 recorded on
the cess on cigarettes unchanged
Other top gainers on the 50-scrip index were UPL, Vedanta, Bajaj Finserv and Adani Ports, finishing the session with gains of between 3.6
The latest move by the GST Council will lead to lower taxes on more than 100 items, such as paints, leather goods, televisions, washing
The revised tax rates will come into effect from July 27
sectoral index comprising consumer goods stocks, rose 2.5 per cent
Paints and Akzo Nobel finished 2.7 and 1.5 per cent respectively
The GST Council moved paints and varnishes from the 28 per cent tax slab to 18 per cent.3.Other prominent gainers included metal stocks
Vedanta, Hindustan Copper, Tata Steel and Jindal Steel - surging between 2 per cent and 4 per cent each - pushed the Nifty Metal index 1.5
Meanwhile, foreign portfolio investors (FPIs) net purchased shares worth Rs 310.27 crore while domestic institutional investors net sold
equities to the tune of Rs 50.73 crore last Friday, according to provisional data from the NSE.(With agency inputs)
