Indian markets end in bloodbath on GST bill discussion in Rajya Sabha
ITC plunged by 8.10 points or 3.11% to Rs 252.10 on GST bill put up for discussion in Rajya Sabha. The bill proposes for cigerattes to be expensive which affect the company tobacco oprations. Nearly 1,35,985 shares of the company has been dumped by the investors following the GST discussion.
HCL Technologies soared by 28.95 points or 3.62% to Rs 829.55 on exchange at 10.40 am, on strong Q1FY17 performance. The company reported Rs 2055.20 crore net profit for the June quarter ended 2016, registering rise of 5.97% quarter-on-quarter (QOQ). In the early trading session, the company has also touched a new high of Rs 869.