Getty ImagesDomestic benchmark index NSE Nifty gained 65.8 points to 18386.95, while the BSE Sensex traded 224.06 points up at 62096.68.
On the other hand, Lakshmi Finance, Mazda Ltd, Voltamp Trans, Andhra Cements and Mold Tek Tech stocks hit their fresh 52-week highs today.
In the Nifty 50 index, RIL, Wipro, Divis Labs, Hindalco and Tech Mahindra were among the top gainers on the NSE.
ONGC, Grasim Inds., Power Grid, Bharti Airtel and ICICI Bank were among the top losers.
Friday, 26 May, 2023- Front Page
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Economy Grew Faster at 5.1% in Q4: EconomistsReserve Bank of India (RBI) governor Shaktikanta Das on Wednesday indicated FY23 growth may have exceeded the official estimate of 7% on the back of strong growth momentum in the March quarter.
Investors from 21 Nations Exempted from Angel TaxIndia exempted investments by non-resident entities such as sovereign wealth funds and pension funds from 21 countries from the so-called ‘angel tax’, leaving out Mauritius, Singapore, and UAE among others that account for significant equity inflow into the country.
DoT Won’t Give 5G Spectrum to Enterprises for Private NetworkThe Department of Telecommunications (DoT) has decided against giving spectrum directly to enterprises for captive private networks, snubbing companies such as Infosys, Larsen & Toubro, Tata Power and GMR, which have been calling for allocation of airwaves without auctions.
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