BSE benchmark Sensex skyrocketed 793 points on Monday, led by gains in banking stocks after the government rolled back the enhanced surcharge on foreign portfolio investors, and unveiled a slew of measures to boost the economy. Indian equities also managed to keep within bounds the global negative sentiment emanating from intensified trade war rhetoric between the two major economies, the …
Domestic equity benchmark BSE Sensex rallied over 662 points in opening session on Monday after the government rolled back the enhanced surcharge on foreign portfolio investors, and unveiled a slew of measures to boost the economy. Giving in to the demands of overseas investors, Finance Minister Nirmala Sitharaman on Friday, after market hours, announced rollback of enhanced surcharge on foreign …