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Benchmark indices pared gains during the afternoon trade on profit booking after the Nifty 50 index rose as much as 0.7% to over 9,200-mark.
The index hit an all-time high after the GST council yesterday cleared five draft bills, setting the stage for implementing the landmark tax reform by July 01. These will later be submitted to the parliament and state assemblies for approval.
Market sentiment was also bolstered as PM Narendra Modi's Bharatiya Janata Party (BJP) won the key state elections in Uttar Pradesh, and after the US Federal Reserve stuck to its planned tightening pace this
The index hit an all-time high after the GST council yesterday cleared five draft bills, setting the stage for implementing the landmark tax reform by July 01. These will later be submitted to the parliament and state assemblies for approval.
Market sentiment was also bolstered as PM Narendra Modi's Bharatiya Janata Party (BJP) won the key state elections in Uttar Pradesh, and after the US Federal Reserve stuck to its planned tightening pace this
