Sensex Today | Share Market Live Updates: Sensex, Nifty to start under caution; Gift Nifty trades flat
₹10,000 per tonne. This marks an increase from the previous rate of ₹6,700 per tonne, which had been in effect for the past two weeks. The new tax rates are set to be implemented starting from Saturday, September 16.Additionally, in a notification issued by the Ministry of Finance, it was stated that the special additional excise duty (SAED) on diesel exports would be reduced to ₹5.50 per litre, down from the previous rate of ₹6 per litre.
Similarly, the duty on jet fuel exports will see a reduction to ₹3.5 per litre, down from ₹4 per litre. However, it was noted that there would be no change in the additional duty on the export of petrol, which will continue to remain at zero. (Read More)IIFL Alternative Research has projected that HDFC Bank is poised to receive passive inflows of approximately $650 million as part of the FTSE's semi-annual index review, which was scheduled for September 15.
These modifications are set to take effect from September 18. On Friday, September 15, HDFC Bank's shares showed strong performance, registering a gain of over 1 percent. During late afternoon trading on the National Stock Exchange (NSE), these shares reached an intraday high of ₹1,670.
This uptick in the leading private lender's stock price was attributed to significant block deals amounting to ₹4,500 crore, as reported by CNBC-TV18. These deals were prompted by passive inflows resulting from an adjustment to the FTSE indices. (Read More) The initial public offering (IPO) of Jupiter Life Line Hospitals Limited is scheduled for today, September 18, 2023.
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