BusinessPhoto: NDTV BusinessNifty 50 Hits Day High; Sensex Rises 700 Points on FM Sitharaman's LTCG, STT...
The stock market saw strong gains with Nifty 50 reaching its day's high and Sensex rallying by 700 points. Key sectors like Nifty IT, FMCG, Realty, Auto, Metals, and PSU Bank indices performed well, while Nifty Pharma and Media indices declined. Finance Minister Sitharaman indicated openness to reviewing Long-Term Capital Gains (LTCG) tax and Securities Transaction Tax (STT).
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