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Morning Update for 9 June 2021

Indices at previous closing

Nifty50: 15,739 ▼-12 (-0.0%)
Sensex: 52,275 ▼ -52 (-0.1%)
Nifty Bank: 35,085 -358 (-1.0%)


In the news

Inox to raise ₹300 crore via QIP


Hester Bio's profits soar in Q4


World Bank slashes India’s GDP estimates


General insurance sector to grow cautiously


Sectoral indices (8 June)

Top gainers Top losers
Nifty IT
1.2%
Nifty PSU Banks
▼ 1.4%
Nifty Pharma
0.8%
Nifty Metal
▼ 1.0%

Global markets (at 8:00 am)

Indices Today's movement
SGX Nifty 0.0%
Nikkei 225 (Japan) ▼ 0.3%
Hang Seng (Hong Kong) 0.0%
SSE Composite (China) 0.0%
Dow Jones (US) (3 June) ▼ 0.0%

Fact of the day

In 1970-71, India's personal income tax had 11 tax brackets, ranging from 10% to 85%. With the surcharge of 10%, the maximum tax rate was a whopping 93.5%!

Source: Business Today

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Disclosures and Disclaimer

Investments in securities markets are subject to market risks; please read all the related documents carefully before investing. The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results. Details provided in the above newsletter are for educational purposes and should not be construed as investment advice by RKSV group. Investors should consult their investment advisor before making any investment decision.

Categories: Newsletters