Mumbai: The meeting of the GST Council is scheduled to begin shortly. In this meeting, a big decision can be taken regarding the amendment in the tax slab of bikes and scooty. At the same time, many other important issues are likely to be discussed. Prior to this meeting, the Indian stock market has seen strength. If you talk about the Sensex, then it has reached the level of 39,300 points by taking a lead of 200 points. Let us tell you that for the first time after February, the Sensex is seen trading at this level.
Talking about the Nifty, it has risen by about 50 points to reach the level of 11,600 points. If you talk about BSE index, IndusInd Bank topped. The bank's stock saw a rise of over 3 percent. HDFC, Axis Bank, Mahindra were also strong. The declining stocks include Bajaj, HUL and Maruti.
The domestic stock market closed strongly in the fourth consecutive session on Wednesday. While the Sensex rose by 230 points to 39,000 points, the Nifty closed at 11,550 points with a strength of 77 points. Let us tell you here that for the first time after February, the Sensex is trading beyond the 39 thousand mark level.
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