These expectations resulted in Nifty and Sensex rising over 0.7% each to fresh closing highs of 24,044.5 and 79,243.18, respectively, on Thursday. “There is a possibility of the tax-free limit being increased from ₹750,000 on income under the new tax regime, which is adding to the bullish sentiment,” said A. […]
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MUMBAI : With barely a fortnight left for the Lok Sabha election results on 4 June, foreign portfolio investors (FPIs) have significantly toned down their bearish sentiment in Indian markets. On Thursday, they cut their cumulative net short positions on index futures contracts by a whopping 121,415 contracts to 98,351 […]