Sensex racks up most gains in 3 weeks, Nifty up from 7-mth low

December 27, 2016 16:44

The market notched up its biggest single-session rally in about three weeks today to end above the 26,000-mark as the Sensex rebounded by over 406 points after Finance Minister Arun Jaitley underlined the need to have globally compatible tax rates to broad-base the economy. He has also gone to great lengths to allay market fears that the government has no intention to impose tax on long-term capital gains on share earnings.

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