The S&P BSE Sensex is trading at 29,354 up 75 points, while NSE Nifty is trading at 8,839 up 4 points.
The BSE Mid-cap Index and BSE Small-cap Index was trading flat.
Auto, Bankex, Capital Goods, FMCG, pOWER, Realty indices are the gainers, while Consumer Durables, Oil and gas, PSU, Healthcare, Metal indices are the losers.
Prime Minister Narendra Modi and US President Barack Obama have pledged to continue to enhance cooperation across the spectrum of human endeavor to better their citizens’ lives and that of the global community. Obama on Monday announced $4 billion of new initiatives and called for more steps to help Delhi and Washington explore the 'untapped potential' of ties.
Modi said big projects involving large investment would be monitored by the Prime Minister`s Office. Speaking at the interactive India US CEO Forum, in the presence of Obama and top business leaders from both countries, the Prime Minister said the solutions to most of the issues mentioned would be found through three things 1) Proactive, pro people good governance, 2) A policy driven state and 3) Consistency in policy
The Dow rose marginally while S&P 500 gained 0.26%. The Nasdaq added 0.29% points. Asian markets are mixed. Japan's Nikkei was up 1.4%. Hong Kong's Hang Seng index was down 0.35%. China's Shanghai index was down 0.13%.
Finance Minister Arun Jaitley hinted at not raising tax rates and providing incentives for manufacturing in the coming Budget, according to reports. FM added that "structural changes" will have to be made to get the economy to 8-9 per cent growth. Jaitley also promised a stable tax regime that will not come up with unreasonable demand and change taxes retrospectively.
The BSE Mid-cap Index and BSE Small-cap Index was trading flat.
Auto, Bankex, Capital Goods, FMCG, pOWER, Realty indices are the gainers, while Consumer Durables, Oil and gas, PSU, Healthcare, Metal indices are the losers.
Prime Minister Narendra Modi and US President Barack Obama have pledged to continue to enhance cooperation across the spectrum of human endeavor to better their citizens’ lives and that of the global community. Obama on Monday announced $4 billion of new initiatives and called for more steps to help Delhi and Washington explore the 'untapped potential' of ties.
Modi said big projects involving large investment would be monitored by the Prime Minister`s Office. Speaking at the interactive India US CEO Forum, in the presence of Obama and top business leaders from both countries, the Prime Minister said the solutions to most of the issues mentioned would be found through three things 1) Proactive, pro people good governance, 2) A policy driven state and 3) Consistency in policy
The Dow rose marginally while S&P 500 gained 0.26%. The Nasdaq added 0.29% points. Asian markets are mixed. Japan's Nikkei was up 1.4%. Hong Kong's Hang Seng index was down 0.35%. China's Shanghai index was down 0.13%.
Finance Minister Arun Jaitley hinted at not raising tax rates and providing incentives for manufacturing in the coming Budget, according to reports. FM added that "structural changes" will have to be made to get the economy to 8-9 per cent growth. Jaitley also promised a stable tax regime that will not come up with unreasonable demand and change taxes retrospectively.
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