The key Indian equity market indices opened higher after GST passed


MUMBAI: On Thursday, The key Indian equity market indices opened higher on Thursday after the Lok Sabha passed four legislations to introduce Goods and Services Tax (GST) bringing the country closer to a unified tax regime.

On Wednesday, The Lok Sabha passed the most awaited Central Goods and Services Tax (CGST) Bill, Integrated GST Bill, Compensation GST Bill and Union Territory GST Bill 2017, in the wake of discrediting every one of the changes set forward by the Opposition.

The Sensitive Index (Sensex) of the BSE, which had shut down at 29,531.43 points on Wednesday, opened higher at 29,538.03 points. Minutes into exchanging, it was citing at 29,570.48 points , up by 39.05 points, or 0.13 percent.

At the National Stock Exchange (NSE), the more extensive 51-scrip Nifty, which had shut down at 9,143.80 points, was citing at 9,147.55 focuses, up by 3.75 points or 0.04 for percent.

With the March 2017 subordinates contract expiry on Thursday, some alert won in the value markets.

Indian equity markets extended gains for the second back to back exchange session on Wednesday taking after positive worldwide signs, a solid rupee and inflow of assets.

The Sensex was up by 121.91 points or 0.41 percent at the Wednesday’s end. In the day’s exchange, the gauge 30-scrip touchy file had touched a high of 29,554.39 points and a low of 29,439.42 points .

The Nifty as well, was up by 43 points or 0.47 percent .

On Thursday, Asian lists were demonstrating a negative pattern. Japan’s Nikkei 225 is exchanging red, around 0.34 percent , Hang Seng around 0.43 percent while South Korea’s Kospi was around 0.28 for every penny. China’s Shanghai Composite file was citing in red, around 1.13 percent .