Taking Stock: FM comments soothe nerves; Nifty off high but hold 7800 levels
Episode 2342, Mar 24, 2020, 01:16 PM
Tracking strong global cues, Indian market started off on a positive note but then witnessed profit taking. The news about finance minister holding a press conference took Nifty50 above 8000 levels, but no specific stimulus package disappointed the Street.
Benchmark indices witnessed selloff in the last one of the trading session as there was no announcements about a stimulus package. But, most of the announcements on GST, taxation, as well as MSME sector is positive for the economy.
Benchmark indices witnessed selloff in the last one of the trading session as there was no announcements about a stimulus package. But, most of the announcements on GST, taxation, as well as MSME sector is positive for the economy.