Experts said surcharge on capital gain on companies is lesser and, therefore, these FPIs could choose to come as a company, if they wanted to pay a lesser surcharge. (Photo: Representational | PTI)
10 Jul 2019 6:11 PM

FPIs get covered by higher tax rate as they have been investing as a non-corporate entity such as trust or association of persons.

Bajaj Finance was the biggest loser in the Sensex pack, losing 4.91 per cent. (Photo: File)
10 Jul 2019 4:17 PM

After swinging nearly 400 points during the day, Sensex settled 173.78 points or 0.45 per cent lower at 38,557.04.

Sovereign gold also held steady at Rs 27,300 per eight gram. (Photo: Representational)
10 Jul 2019 3:51 PM

In Delhi, gold of 99.9 per cent and 99.5 per cent purity held flat at Rs 34,870 per 10 gram and Rs 34,700 per 10 gram.

The dollar index, which gauges the greenback's strength against a basket of six currencies, inched up 0.02 per cent to 97.51.
10 Jul 2019 10:12 AM

Rupee is trading at 68.67 against dollar amid unabated foreign fund outflows and rising crude oil prices.

The broader Nifty shed 5.70 points, or 0.03 per cent, to 11,551.70.
10 Jul 2019 10:12 AM

After gyrating nearly 200 points, the 30-share index was trading 33.76 points, or 0.09 per cent, lower at 38,697.06.

During the last four years, the growth in residential prices in most of the top eight cities of India has been below retail inflation growth and the gap has progressively increased since H1 2016.
10 Jul 2019 2:16 AM

Mumbai was the only market to record an increase with inventory overhang rising by 14 per cent.

The broad-based slowdown in consumption affected automobiles and FMCG sectors.
10 Jul 2019 1:56 AM

Crisil sees mere 5-6 per cent rise in revenue.

The strong jobs data dented hopes of a rate cut by the Federal Reserve this month, hitting emerging market currencies.
09 Jul 2019 6:44 PM

Strengthening crude oil prices and a stronger greenback in global markets, however, kept the rupee rise in check.

Top gainers in the Sensex pack included Bajaj Finance, Sun Pharma, Hero MotoCorp, L&T, RIL and Bharti Airtel, ending up to 5.60 per cent higher. (Photo: File)
09 Jul 2019 4:15 PM

After swinging 378 points during the day, the 30-share index settled 10.25 points or 0.03 per cent higher at 38,730.82.

According to the All India Sarafa Association, gold of 99.9 per cent and 99.5 per cent purity plummeted Rs 600 each to Rs 34,870 per 10 gram and Rs 34,700 per 10 gram, respectively, in the national capital. (Photo: Representational)
09 Jul 2019 4:04 PM

Globally, spot gold was trading lower at USD 1,394.39 an ounce, while silver was down at USD 15.08 per ounce in New York.