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Markets closed today on account of assembly elections in Maharashtra

The currency, debt and equity markets will be closed on Monday on account of assembly elections in Maharashtra. The polling for 90 Assembly seats of Haryana and 288 seats of Maharashtra started at 7 am and will continue till 6 pm. The counting of votes will take place on October 24. Financial markets will resume trading on Tuesday, October 22. The benchmark S&P BSE Sensex closed up 0.63 percent at 39,298.38 on Friday, while the broader NSE Nifty ended 0.65 percent higher at 11,661.85. On a weekly basis, both Sensex and Nifty ended with 3 percent gains. The 10-year benchmark bond yield closed at 6.70 percent, while the rupee settled at 71.15 to the dollar. IMF backs India's corporation tax cut, says it will help revive investment The International Monetary Fund on Friday supported India's recent decision to reduce corporate income tax, saying it has a positive impact on investment. It, however, said India should address continued fiscal consolidation an...

Share market updates: Sensex up 200 points, Nifty above 10,850; Rupee gains against US dollar

Stock market LIVE updates: After opening higher on positive global cues, the Sensex and Nifty extended rally in the morning trade. Sensex is up more than 350 points to 36,160.54, while Nifty is trading above 10,850. Yes, Bank share price gained by more than 2.1% to Rs 182, while ICICI Bank shares zoomed 1.3% to Rs 360.20. The rally was being led by financials, pharma and auto stocks.  Asia stocks gained on Friday after Wall Street ended volatile trade in the green, adding to the big advances of the previous session, although lingering investor jitters helped support safe-haven currencies such as the yen. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.3 per cent. It has fallen almost 4 per cent so far in December. Brent crude oil prices jump       Oil prices jumped as much as 3 per cent on Friday to win back a chunk of the ground they lost in the previous session, but growth in U.S. crude stockpiles and ongoing concerns about...

Rundown of Best Stocks to Buy in India for Long Term

1 Titan Company Ltd.  Titan is a standout amongst the most celebrated brands in India. Titan Company is a piece of Tata Group working in the buyer durables division. The organization is having a market top of Rs. 82,377.68 crores. FIIs, DII and MF hold a decent stake in the organization that recommends that the future standpoint is great. Throughout the years Titan has been the pioneer in its part and given great comes back to the financial specialists over the long haul. The beneath diagram plainly indicates how enormous riches generator Titan has been.  2 Bata India Ltd.  Bata India is one of the main shoe makers in India. It has a place with the buyer items segment and has a market top of Rs. 12,536.58 crores. The advertisers and different foundations hold a noteworthy stake in the organization. The long haul outline of Bata India proposes that it is outstanding amongst other stocks to put resources into India as long as possible.  3 Jubilant Fo...