Indian Stock Markets
Sensex drops sharply
The stock market extended its losses with the Sensex dipping close to 500 points within minutes of Finance Minister P Chidambaram announcing a hike in short-term capital gains tax to 15 per cent, while leaving corporate tax and surcharge rates unchanged.
The 30-share Sensex was trading down by 464.86 points at the day’s low of 17,359.62.
While […]