India’s NSE index hits record high
PSU Bank Canada Goose Coats On Sale index hit by profit booking
By officialcanadagoosesoutlet Arnab Paul
March 17 (Reuters) India Nifty 50 index rose as much as 0.7 percent to a record high on Friday as shares of consumer goods 2018 canada goose outlet rallied after the country Goods and Services Tax council cleared all draft bills, although gains canada goose clearance sale were curbed by profit taking.
The council, composed of federal and state ministers on Thursday, cleared five draft bills linked to the GST, canadian goose jacket which will create a national canada goose sales tax. It will be submitted to the buy canada goose jacket cheap parliament and state Canada Goose online assemblies canada goose outlet toronto factory for approval.
Analysts said GST would benefit fast moving consumer goods (FMCG) and transportation companies through a one size fits all national sales tax, which would mean these firms will no longer Canada Goose Outlet have to meet tax requirements of different states. Federal Reserve stuck to its planned tightening pace this year.
implementation of GST will benefit FMCG and Canada Goose Jackets logistics companies, said canada goose replica Mahantesh Marilinga, senior research analyst, Finquest Securities.
rally in the market is our web page expected to continue until the fourth quarter results are out.
The broader canada goose coats NSE index hit a record high of 9,218.4, but pared gains to trade 0.02 percent higher canada goose coats on sale at 9,153.05.
The benchmark BSE index rose as much as 0.81 percent to 29,824.62, its highest since March 4, 2015.
The Nifty 50 index cheap Canada Goose has gained 2.77 percent so far this week, while the BSE index has climbed canada goose store 2.72 percent, canada goose black friday sale in what could be its highest Canada Goose sale weekly canada goose deals gain canada goose outlet store locations since the end of January.
The rupee also eased after hitting a 17 month high on Thursday, trading at 65.5575/5600 from its close of 65.42.
The Nifty FMCG index surged canada goose clearance 4 percent to a Canada Goose Parka record high after cigarette maker ITC Ltd rose as much as 7.34 percent within the first hour of trade. ITC contributed to more than half of the NSE index gains.
But profit taking capped gains on sectors such as state owned banks and auto. The Nifty PSU Bank index Canada Goose Online and Nifty Auto buy canada goose jacket index slid 1.1 percent and 0.7 percent after gaining for three and five straight sessions respectively.