Share Market Today LIVE | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Updates 04 nov 2019
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After rising about 269 points to hit a fresh record high of 40,434.83, the Sensex was trading about 67 points up to 40,261.Share Market News Today | Sensex, Nifty, Share Prices LIVE: The headline Sensex receded from record highs in the afternoon trade on Monday, led by sell-off in auto stocks. After rising about 269 points to hit a fresh record high of 40,434.83, the Sensex was trading about 67 points up to 40,261. The Nifty was trading near the 12,000-mark. Infosys share price jumped 6.5% to hit the day’s high at Rs 633, after the firm said it has not received any prima facie evidence so far to corroborate any of the allegations made by the anonymous whistleblower. Given the circumstances at this stage, where there is a complete absence of prima facie evidence and the anonymous complaints are still under investigation, the company is not in a position to determine the concreteness, credibility, and materiality of the anonymous complaints, Infosys said in a letter to the National Stock Exchange (NSE) dated November 2, global news agency Reuters reported. India is committed to further improving its people-friendly tax regime, Prime Minister Narendra Modi said during the ASEAN summit, as Asia’s third-largest economy seeks to attract more overseas investment to spur growth. “You would already have heard of India’s decision to cut the corporate tax rates. Our GST has fulfilled the dream of economic integration of India. We want to work towards making it even more people-friendly,” PM Modi said. The prime minister said it was the best time to be in India and that many things such as foreign direct investment, ease of doing business, ease of living and productivity are rising while tax rates, red -tapism, corruption, cronyism are on a decline. We bring to you LIVE updates.
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