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Impavid Bulletin

markets

Bharat Heavy Electricals, incorporated in the year 1964, is a Mid Cap company (having a market cap of Rs 33323.35 Crore) operating in Engineering sector.

A total of 8,926 shares changed hands on the counter till 10:05AM (IST)

The Nifty IT index was trading 0.47 per cent down at 29185.85.

Ashok Leyland, incorporated in the year 1948, is a Large Cap company (having a market cap of Rs 49517.79 Crore) operating in Auto sector.

As per a report of ICICI Direct, key additions by AMCs in June include Suzlon Energy, IIFL Finance, Bank of Maharashtra and more.

HDFC shares earlier this month scaled a lifetime high of Rs 2,926 and its market capitalization swelled to over Rs 5 lakh crore. The stellar growth in HDFC stock over the last 3 decades has been backed by its aggressive expansion plans from being just a retail home loan company.

Incorporated in 2016, Utkarsh commenced operations in 2017 and its product suite includes a range of deposit products, including saving accounts, salary accounts, current accounts, recurring and fixed deposits and locker facilities.

​But essentially what has changed now is that GST sought to be imposed on the entire 200 which is Rs 56. Now, take it as a parallel to the broking industry which people understand. The stockbroking industry has GST, has securities transaction tax, etc, built in and all of these operate at sub-1%, in fact well below the 1% including the brokerage.