Thursday, 17 December 2015

Nifty flat after hitting 7800, Sensex up on Fed rate hike

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The Sensex is up 68.11 points or 0.3 percent at 25562.48, and the Nifty is up 20 points or 0.3 percent at 7770.90. About 1386 shares have adv
anced, 420 shares declined, and 96 shares are unchanged. SBI, Tata Steel, GAIL, Hindalco and Vedanta are top gainers while ONGC, M&M, HDFC, Infosys and Maruti are losers. 9:45 am GST logjam: In a fresh bid to break the logjam on the crucial GST Bill, the government is contemplating holding an all-party meeting soon as it is confident of the support of a larger number of Opposition parties on the issue. There is a view within the government that Congress is "single-handedly" blocking the passage of the GST Bill for "other reasons" and may not find support of many parties on this issue on a common forum. Government sources said that a senior leader from the opposition camp had also suggested convening of an all-party meeting to break the logjam over the issue.

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