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Sensex ends at fresh closing high, up 251 pts, Nifty settles near 10,900

All that happened in the market today

Photo: Shutterstock
Photo: Shutterstock

Benchmark indices ended at fresh closing highs for a third straight session on Friday, led by financial stocks amid improved investor sentiment after the government decided to cut tax rates on certain products and services. The rates have been lowered after revenues dipped following the rollout of a landmark nationwide sales tax from July. Taxes on goods including used motor vehicles and precious stones, and services relating to mining and oil exploration, are among those that will be reduced from January 25. Both indexes posted their seventh consecutive weekly ...