Sensex opens on positive note, up 300 points
Healthy buying was witnessed in metal and telecom stocks
Karnataka promises free vaccine to all above 18 at government centres
The key Indian equity indices opened on a positive note Tuesday morning with the BSE Sensex rising over 300 points. Healthy buying was witnessed in metal and telecom stocks.
Around 10.05 a.m., Sensex was trading at 48,703.10, higher by 316.59 points or 0.65 per cent from its previous close of 48,386.51. It opened at 48,424.08 and has so far touched an intra-day high of 48,710.89 and a low of 48,399.53 points.
The Nifty50 on the National Stock Exchange was trading at 14,580.00, higher by 238.65 points or 0.66 per cent from its previous close.
PM proud of PTI govt gains
Top Story
April 26, 2021
ISLAMABAD: Prime Minister Imran Khan on Sunday lauded his party and said that the Pakistan Tehreek-e-Insaf (PTI) is the only political entity in the country s history to launch a campaign against corruption, and he is proud of this campaign.
The premier was speaking via a video link on the occasion of PTI s 25th foundation day. He said that more than two decades ago, he formed the party in view of the fact that corruption was damaging the country. I had studied political science in the university and had played professional cricket in Britain, therefore, I had realised it early on that nations don t move towards destruction due to a lack of resources or because of bombings or war,” he said, according to Geo News. “It is corruption which pushes a country towards decline,” he observed, adding that every persons who benefited from corruption is standing against the government.
Investors doubt U.S. capital gains tax plan alone can derail market rally
Reuters | Apr 23, 2021 11:56 PM EDT
A Wall Street sign is pictured outside the New York Stock Exchange amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S. (Photo : REUTERS/Carlo Allegri)
U.S. stocks rebounded on Friday from a day-earlier swoon as investors digested the implications of a planned capital gains tax hike, with many pointing to reasons why such a policy alone would be unlikely to threaten the rally in equities.
The S&P 500 was up more than 1% in afternoon trading, recouping losses from Thursday, when stocks fell after reports that President Joe Biden would seek to nearly double the capital gains tax to 39.6% for wealthy individuals.