BSE Sensex of 1st Feb, 2018.

Budget causes significant volatility :

Nifty holds 11000 levels;

PSU Bank down more than 2%;

A 10% tax on long term capital gains has been proposed by the budget.

Professionals, salary earners and Business people pay a tax on their income which is as high as 34%.

  • Intraday Low – 10715.70
  • Intraday High – 10781.70              Closed – 10742.50                    Gain – 60 Points

Stock Market – Spot Price (Nifty : 11019.50, Sensex : 35907.60)

Bank Nifty View :

  • Opened – 27335.80 with a gap down of 60 Points.
  • Intraday Closed – 27190.30       Loss – 130 Points

Trades in Future Segment :

This material is for information purposes only and should not be constructed as an offer or solicitation of an offer to buy or sell any securities.

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