In the worst-case scenario, the Sensex can slide to 75,800 levels, which is the 50 per cent retracement level from the June 4 Lok Sabha election outcome-day low, said Ajit Mishra of Religare Broking.
Posts in category Business Standard
Well-focused Budget 2024 with special development thrust: Madan Sabnavis (23-07-2024)
Union Budget 2024-25 news: There has been some comfort provided to individuals who opt for the new income tax scheme as there is some rationalisation across the slabs
Surana Telecom and Power consolidated net profit rises 28.26% in the June 2024 quarter (23-07-2024)
Sales decline 37.43% to Rs 4.38 crore
InfoBeans Technologies consolidated net profit rises 123.99% in the June 2024 quarter (23-07-2024)
Sales rise 5.85% to Rs 96.96 crore
ICRA consolidated net profit declines 11.88% in the June 2024 quarter (23-07-2024)
Sales rise 11.79% to Rs 114.82 crore
Indoco Remedies consolidated net profit declines 89.26% in the June 2024 quarter (23-07-2024)
Sales rise 1.79% to Rs 424.29 crore
Rane Engine Valve standalone net profit rises 37.36% in the June 2024 quarter (23-07-2024)
Sales decline 0.64% to Rs 137.12 crore
Budget 2024 hikes LTCG tax rate to 12.5%, STCG to 20%, STT on F&O also up (23-07-2024)
Union Budget 2024-25 news: FM Nirmala Sitharaman hiked hiked LTCG tax to 12.5 per cent from 10 per cent on all financial and non-financial assets
Travel stocks rally after FM announces to boost domestic tourism in Budget 2024 (23-07-2024)
Yatra Online (up 3.71%), Easy Trip Planners (1.90%), Praveg (0.15%) advanced after FM planned for the development of infrastructures of tourist spots through Budget 2024.
FM concludes speech, revises tax structure under new tax regime; STT on F&O hiked (23-07-2024)
The headline equity barometers crashed as the government proposed to raise the tax on capital gains and on trading derivatives. The Nifty traded below the 21,300 mark.