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Shifting base higher 16300 could turn out as immediate floor and strategy to follow remains to ride on-going up trend as long as support levels are decisively held. ....
Explore Now Benchmark NSE Nifty index was trading 148.95 points up at 15068.05 on Wednesday on account of buying in frontline bluechip counters. Among the stocks that touched their 52-week highs on NSE were: Adani Enterprises, Aegis Logistics, BEML, Cummins India, BASF India, DLF, Grasim Industries, IDFC First Bank, Motherson Sumi Systems, Piramal Enterprises, Sterlite Technologies, Tata Motors, Tata Chemicals and UTI AMC. Overall, 42 shares were trading in green in Nifty50 index, while 8 were trading in red in the afternoon trade. In the Nifty 50 index, Tata Steel, JSW Steel, Adani Ports SEZ, Grasim Industries and Hindalco Industries were among top gainers, while Hero MotoCorp, Bajaj Auto, Maruti Suzuki, Eicher Motors and M&M were trading in red. ....
GST on gas to lower prices, boost volumes SECTIONS Share Synopsis The inclusion of gas under the GST regime may boost the gas volume and benefit companies across the value chain from upstream (ONGC, Oil India), mid-stream (GAIL, GSPL) and downstream (Indraprastha Gas, Mahanagar Gas, and Gujarat Gas). Getty Images NSE Explore Now The stocks of the natural gas producers and distributors reported buoyancy on Thursday following the Prime Minister’s statement to bring gas under the Goods and Services Tax (GST) regime and a commitment to invest Rs 7.5 lakh crore in the country s oil and gas infrastructure. Stocks of ....
Why GST inclusion of natural gas is a crucial factor for gas producers and distributors SECTIONS Share Synopsis The inclusion of gas under the GST regime may boost the gas volume and benefit companies across the value chain from upstream (ONGC, Oil India), mid-stream (GAIL, GSPL) and downstream (Indraprastha Gas, Mahanagar Gas, and Gujarat Gas). Getty Images The stocks of the natural gas producers and distributors reported buoyancy on Thursday following the Prime Minister’s statement to bring gas under the Goods and Services Tax (GST) regime and a commitment to invest Rs 7.5 lakh crore in the country s oil and gas infrastructure. Stocks of ....