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Live Market Updates: Sensex, Nifty in red; investors snub FM Budget speech

28-02-2015| Source:Moneycontrol.com

Presenting the Budget for 2015, Arun Jaitley has promised to abolish wealth tax and 2 percent additional surcharge. He also promised to rationalise and remove exemptions for corporates. He has also said that basic rate of corporate tax to be 25 percent for next four years

Live Market Updates: Sensex up 286pts, Nifty above 8900; govt to curb wealth tax

28-02-2015| Source:Moneycontrol.com

Presenting the Budget for 2015, Arun Jaitley has promised to abolish wealth tax and 2 percent additional surcharge. He also promised to rationalise and remove exemptions for corporates. He has also said that basic rate of corporate tax to be 25 percent for next four years.

Union Budget 2015: FM says to introduce India-made gold coins, gold bonds

28-02-2015| Source:Moneycontrol.com

In a bid to further cut down on imported gold, Finance Minister Arun Jaitley said the government will introduce India-made gold coins. These will be branded with Ashok Chakras, Finance Minister Arun

Live Market Updates: Sensex, Nifty up again; FM proposes to defer GAAR by 2 yrs

28-02-2015| Source:Moneycontrol.com

The Sensex is up 299.63 points or 1 percent at 29519.75 and the Nifty is up 88.55 points or 1 percent at 8933.15. About 1241 shares have advanced, 1177 shares declined, and 201 shares are unchanged.

Live Market Updates: FM cuts corporate tax to 25%; Sensex, Nifty still flat

28-02-2015| Source:Moneycontrol.com

Presenting the Budget for 2015, Arun Jaitley has promised to rationalise and remove exemptions for corporates. He has also said that basic rate of corporate tax to be 25 percent for next four years.

Live Market Updates: Sensex, Nifty turn flat while FM continues Budget speech

28-02-2015| Source:Moneycontrol.com

The market has turned flat while the Budget 2015 speech is still on. The Sensex is up 93.46 points or 0.3 percent at 29313.58, and the Nifty up 20.75 points or 0.2 percent at 8865.35. About 1173 shares have advanced, 1195 shares declined, and 179 shares are unchanged.

Live Market Updates: Nifty below 8900; Coal India, NTPC, Hero laggards

28-02-2015| Source:Moneycontrol.com

Coal India, Tata Motors, NTPC, Hero, Hindalco are among losers in the Sensex.

Live Market Updates: Sensex gives up gains; Govt to increase infra investment

28-02-2015| Source:Moneycontrol.com

Presenting the Budget for 2015, Arun Jaitley has allocated Rs 25,000 crore for rural infrastructure. He has proposed Rs 1.25 lakh crore public investment for FY16. Investment in infra will go up by 'Rs 70,000 crore and has proposed tax-free infra bonds for road, railways & infra projects.

Live Market Updates: Sensex, Nifty rally; Govt may hike disinvestment target

28-02-2015| Source:Moneycontrol.com

Tata Steel, BHEL, HDFC, ICICI Bank and ONGC are top gainers in the Sensex. Among the losers are Coal India, Tata Power, Tata Motors and Hero.

Live Market Updates: Nifty races towards 8950; FM sees CPI at 5% by year-end

28-02-2015| Source:Moneycontrol.com

The Sensex is up 278.55 points or 0.9 percent at 29498.67, and the Nifty up 78.05 points or 0.9 percent at 8922.65. About 1415 shares have advanced, 822 shares declined, and 166 shares are unchanged

Live Market Updates: Sensex up 244 pts, Nifty at 8900; FM starts Budget speech

28-02-2015| Source:Moneycontrol.com

big positive for infra players. A relaxation in gold import duty from current levels will be positive for Titan. Meanwhile a likely excise duty hike for cigarettes will be a negative for ITC

Live Market Updates: Sensex, Nifty steady; FM promises 6 cr toilets

28-02-2015| Source:Moneycontrol.com

Tata Steel, BHEL, HDFC, L&T and ICICI Bank are top gainers in the Sensex.

Live Market Updates: Sensex, Nifty gear up; Union Budget approved by Cabinet

28-02-2015| Source:Moneycontrol.com

increase the limits for deduction under section 80C of the income tax act. The removal of infra sector from the ambit of MAT is seen as a big positive for infra players. A relaxation in gold import duty from

Live Market Updates: Nifty holds 8900 as FM prepares for Budget speech; IT weak

28-02-2015| Source:Moneycontrol.com

Cipla, Hero, Infosys, TCS and Bharti Airtel are top losers in the Sensex . Among the losers are Tata Steel, BHEL, GAIL, L&T and ICICI Bank.

Live Market Updates: HPCL, BPCL down 1-2% on Budget day; Sensex, Nifty stable

28-02-2015| Source:Moneycontrol.com

Oil marketing companies (OMCs) are under pressure. CLSA sees the Budget to be negative for refiners as every 1 percent increase in duty will pull down gross refining margins by USD 0.3 per barrel. Both HPCL and BPCL are down 1-2 percent.

Gitanjali, TBZ up 4% on hopes of cut in gold import duty

28-02-2015| Source:Moneycontrol.com

Gold stocks will remain in focus on Saturday as the industry expects cut in import duty in Union Budget 2015-16. Tribhovandas Bhimji Zaveri, Titan Company, PC Jeweller and Gitanjali Gems rallied 1

Live Market Updates: Nifty slips below 8900; TCS, Infosys, Hero laggards

28-02-2015| Source:Moneycontrol.com

TCS, Hero, Cipla, Maruti and Infosys are down while Tata Steel, HDFC, L&T, ICICI Bank and BHEL are among the gainers in the Sensex.

Gold steadies on soft $, may see biggest fall since Sep

28-02-2015| Source:Reuters

Gold has fallen more than 7 percent from a five-month high above USD 1,300 an ounce hit in January as expectations of a US rate increase hurt its appeal as an insurance against risk.

Live Market Updates: Gold stocks up on hopes of import duty cut; Sensex steady

28-02-2015| Source:Moneycontrol.com

shares are unchanged.Gems and jewellery stocks are in focus on hoped of import duty cut on gold. It will be positive for the stocks if the import duty is lowered from a record 10 percent in Budget 2015

Live Market Updates: Infra, banks stocks lead on Budget day; Sensex, Nifty firm

28-02-2015| Source:Moneycontrol.com

of import duty cut on gold. It will be positive for the stocks if the import duty is lowered from a record 10 percent in Budget 2015, to meet demand from the upcoming wedding season and Akshay Tritiya, a

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