Dynamite News Markets open in the green, crucial GST council meeting today
Equity benchmark indices were up with a slight positive bias on Monday ahead of crucial Goods and Services Tax (GST) Council meeting to be chaired by Union Finance Minister Nirmala Sitharaman.
Mumbai: Equity benchmark indices were up with a slight positive bias on Monday ahead of crucial Goods and Services Tax (GST) Council meeting to be chaired by Union Finance Minister Nirmala Sitharaman.
At 10:10 am, the BSE S&P Sensex was up by 219 points or 0.54 per cent at 40,728 while the Nifty 50 gained by 67 points or 0.57 per cent at 11,981.
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Among stocks, ITC rose by 3.78 per cent. Kotak Bank was up by 1.90 per cent and Infosys by 1.74 per cent. However, the stocks trading with a negative bias were JSW Steel, Tata Motors, GAIL, Tata Steel and Heromotocop.
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Finance Minister Nirmala Sitharaman will chair Goods and Services Tax (GST) Council meeting through video conferencing on Monday. The meeting is scheduled to take place at 4 pm.
The Minister is also scheduled to address a press conference on economic issues at 12.30 pm today. (ANI)