Shares in the stock market, relieving foreign investors

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Ahmedabad. Monday 26th August 2019

The finance minister has withdrawn the surcharge from FPIs, ie, foreign portfolio investors, in a relief package announced to boost the economy. The news has given the market a huge relief and in response to this, the stock market has risen on the opening of a new week today.

Following the reports, the Sensex moved quickly behind a steady new take from Chomer after the slowing trend in early trade, and at one point, the intraday level rose 372.46 points to end at 37494.12 after touching a level of 37544.

The NSE Nifty, on the other hand, also closed at a high of 11057.85 at the end of trading after touching 11070 with the intraday 11000 jumping from the beginning of trading.

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