Shares of HDFC Life, SBI Life, Life Insurance Corporation of India (LIC), ICICI Prudential Life, New India Assurance, ICICI Lombard, Star Health surged in the range of 2-3 percent on September 4 after the 56th GST Council, chaired by finance minister Nirmala Sitharaman, slashed tax rates on individual health and life insurance premiums, cutting the tax from 18 percent to zero.While this poses as a...

Poly Medicure share price rose 1.5 percent in the early trade on September 4 following the acquisition of cardiology catheter solutions manufacturer.At 09:17 hrs Poly Medicure was quoting at Rs 2,098.25, up Rs 29.30, or 1.42 percent, on the BSE."..... signs definitive agreements to acquire 90 percent stake in PendraCare Group consisting of PendraCare Holdings and Wellinq Medical from Wellinq Holdi...

The shares of Indian automakers sharply surged on September 4, after the GST Council approved a slew of reforms to the tax regime. The sharp rise in the share prices pushed the Nifty Auto index up more than 3 percent.The Nifty Auto index was hovering around 26,612.20, the highest level seen in nearly 11 months.During its meeting which concluded on September 3, the Goods and Services Tax (GST) Coun...

Auto stocks surged in trade on September 4, with shares of Mahindra & Mahindra, Eicher Motors, Tata Motors, TVS Motor, Hero MotoCorp, Bajaj Auto, and Maruti Suzuki climbing between 1 and 6 percent following sweeping GST tax cuts across vehicles—from hatchbacks and SUVs to motorcycles and commercial vehicles.The Nifty Auto index rose over 2 percent, emerging as the top-performing sector in early ...

Bulls staged a healthy comeback after a day of bearish action, driving the Nifty 50 higher by 135 points on September 3. However, the index could not surpass the previous day's high of 24,756, which remains a crucial level for any further upmove. While market sentiment improved, technical and momentum indicators still signal a mixed trend. If the index reclaims and sustains above 24,750, the 24,80...