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Markets falter on Mauritius tax woes, weak European cues
Rediff.com

Markets falter on Mauritius tax woes, weak European cues

  Benchmark indices snapped two-day winning streak and ended lower amid a volatile session after participants turned jittery over foreign fund inflows after the country decided to impose capital gains tax arising in Mauritius from sale of shares in Indian companies starting from April 1, 2017. The S&P BSE Sensex ended down 156 points at 25,597 and the Nifty50 slipped 39 points to end at 7,849. Broader markets outperformed the benchmark indices- BSE Midcap index inched up 0.2% while ... Rediff.com, 2 weeks ago
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