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Share Market Update after GST Changes: GST Council has seen greenery in the stock market since the meeting of GST Council. Both index are seen trading with an edge.
Share Market Update After GST Changes : Since the GST reform, trading in domestic Baazr for the second consecutive day has started with speed. However, the increase by investors was not as expected. Both index Sensex and Nifty Open in Green Zone. During this, the Sensex was seen trading at 80,982.96 with a gain of 266.27 points. At the same time, the Nifty is seen trading at the level of 24,803 with a rise of 69 points. During this period, out of 30 shares of BSE, only 2 shares were on a decline and all the stocks saw a rise. The stocks of Mahindra & Mahindra, Asian Paints, Powergrid and Reliance have seen a rise of up to 1 percent.
These 10 shares caught speed
Many stocks have risen in the market during this period. Among them, shares like Ambar Enterprises, PG Electropast, Reliance Power have increased by more than 1 percent. Along with this, BSE, Vishal Mega Mart, Glenmark and Max Finance Services have registered a rise of more than 2%. The same Larzcap Stock- Mahindra & Mahindra, DLF and Ir Motors shares have gained 1.50 percent.
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Decline in these shares
Many stocks have also declined since the GST cut. Shares have slipped by 2.42 percent in Varun Webrase shares, 2 percent in ITC, 1 percent in LIC, 4 percent in Ola Electric, 1.14 percent in Mariko and 1 percent in premiere energy.
These signs found in Asian markets
At the same time, if we talk about the Asian markets, South Korea’s Kospi, Japan’s Nikkei 225 index, Shanghai’s SSE Composite Index and Hong Kong’s Hang Kong are giving positive indications. America markets also closed with an edge on Thursday.
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