The duty is aimed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a-vis foreign producers and exporters
A breakout above 22,150, Nifty may experience upward momentum, potentially reaching levels such as 22,500 and beyond, says Rupak De, Senior Technical Analyst, LKP Securities.
Hero MotoCorp, Bajaj Auto, Reliance Industries, Axis Bank and BPCL were among the top Nifty gainers, while losers included Infosys, Dr Reddy s Laboratories, SBI Life Insurance, HUL and Wipro