Nifty at over 7-month low, tests 7900 Sensex tanks 250 pts-sai proficient

Speaking to Ramesh Damani, Member of BSE said that they do pay their share of taxes in the form Securities Transaction Tax. “Everytime we buy a share, whether we sell it a loss or profit, we pay a tax,” he said, adding that the government makes Rs 7000 crore by way of this tax on … More Nifty at over 7-month low, tests 7900 Sensex tanks 250 pts-sai proficient

Sensex extends losses, Nifty breaks 7950 Sun Pharma rebounds-Sai Proficient

Lewis Alexander of Nomura says as Asia sails into 2017, trying to stay on an even keel will be more challenging than in 2016. There are too many large risks stacked to the downside, according to him. He expects central banks of Australia, India, Korea, Malaysia and Thailand to all cut rates further in 2017, … More Sensex extends losses, Nifty breaks 7950 Sun Pharma rebounds-Sai Proficient

Sensex below 26K, down 250pts brokers expect further correction-Sai Proficient

Shares of SPARC, the subsidiary of healthcare major Sun Pharma, surged nearly 7 percent intraday Thursday after receiving complete response letter from the US health regulator for preservative-free eye drop. “…has received a complete reponse letter from the US Food and Drug Administration for the new drug application for Xelpros, Latanoprost BAK-free eyedrops,” the research … More Sensex below 26K, down 250pts brokers expect further correction-Sai Proficient