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Stock Market News

Indian stock market is continuously falling down since many days and the reason for this fall is that foreign investors are withdrawing their money and Indian investors are investing money but are not able to invest enough to handle the market. Therefore, the stock market is falling down since many days and the index of Indian stock market is falling down.

First of all, we will talk about Nifty 50 and Sensex. Nifty 50, as you know, is the major index of Indian market. It closed at 23431.50 on Friday and Sensex closed at 77378.

TOP NEWS OF THE DAY

Supreme Court stays GST notice of online gaming companies

The Supreme Court today on January 10 has stayed the show cause notice of Rs 1.12 lakh crore GST against online gaming companies and has asked to postpone it till further action. This matter is of 7 months of 2022 and 23 and the beginning of financial year 23-24. Online gaming companies have said that GST should be imposed at the rate of 18% instead of 28% till October 1, 2023 because the rule of tax at the rate of 28% was to come into effect from October 1, while the government says that the amendment that was made on October 1 had already been implemented.