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Market LIVE: Nifty gives up 17800, Sensex below 60000, tanks 550 pts; Reliance down 1% after windfall tax cut – The Financial Express

Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex, and NSE Nifty 50 were trading nearly 1 per cent down on Friday. BSE Sensex slipped below 60,000, falling 550 pts, while NSE Nifty gave up the crucial 17800. Stocks of Tech Mahindra, UltraTech Cements, Kotak Mahindra Bank, Wipro, Tata Consultancy Services (TCS), Infosys, Titan Company, Asian Paints were among BSE Sensex gainers. On the flip side, IndusInd Bank, Power Grid Corporation of India, State Bank of India, Reliance Industries, NTPC, ITC, HDFC Bank, and Nestle India were top Sensex laggards. Nifty Bank index fell 0.2 per cent to 39,572.55 levels. The government on late Thursday evening decided to hike the windfall profit tax on the export of diesel and brought back a tax on jet fuel exports, but slashed the levy on domestically produced crude oil in line with softening rates.

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