These movements as part of an ongoing price discovery process in the post-GST environment.
Market watchdog SEBI has said participation of large number of investors is desirable for democratising the price discovery process and making best use of the markets.
In an interview with CNBC-TV18, Menaka Doshi, Anuj Singhal and Nigel D‘Souza, Sarda Energy director GD Mundra and Deloitte senior director discussed the impact of the passage of the MMDR Bill in Rajya Sabha.
There has been some talk that the Budget could levy a commodity transaction tax (CTT). Jayant Manglik, President at Religare Securities in an interview to CNBC-TV18 says he would be surprised if the Finance Minister tried to impose CTT in the upcoming Budget.