Finance Minister Arun Jaitley announced in his Budget 2017 speech with Nifty50 reclaiming its crucial 8,700 mark for the first time since October 25, 2016.
While S&P BSE Sensex ended comfortably above its key 28,000 level. To the relief of investors, Jaitley made no reference to long-term capital gains tax on equities and also set a comfortable fiscal deficit target of 3.2% for the fiscal year 2017-18.
The Sensex closed the day at 28,141 up 486 points while Nifty50 settled at 8,716 up 155 points. So, let’s discuss some questions related to this post:
Q1. Name the National Stock Exchange Company, which has got the crucial mark 8,700 mark for the first time since October 25, 2016?
Source- Business Standard