financetom
Market
financetom
/
Market
/
Top News Podcast: Market jumps to 1-month high, hospital beds get more expensive, FM on crypto ban and more
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Top News Podcast: Market jumps to 1-month high, hospital beds get more expensive, FM on crypto ban and more
Jul 18, 2022 8:09 AM

All-round gains led the stock market higher and it closed over a 1-month high on Monday. Both Sensex and Nifty50 inched up over 1 percent each. Sensex rose 760 points to 54,521 and Nifty gained 229 points to finish at 16,279.

In this edition of Top News Podcast, CNBCTV18.com’s Kanishka Sarkar shares the latest on stocks, cryptocurrencies, the healthcare sector, politics, the Sri Lanka crisis, and more.

Healthcare in the country has turned more expensive as the government has started charging a 5 percent goods and services tax (GST) on all non-ICU hospital rooms that cost more than Rs 5,000 a day. Experts fear this may pave the way for more tax on healthcare and related services that have remained largely exempt from GST until now.

In a political update, the Monsoon Session of Parliament began today with the Opposition looking to corner the government on a range of issues — the Agnipath scheme, unemployment, inflation, and others.

The presidential polls were also underway witnessing a fight between National Democratic Alliance (NDA) candidate Draupadi Murmu and the Opposition's Yashwant Sinha. The result will be declared on July 21.

In a written response to a question in the Lok Sabha, Union Finance Minister Nirmala Sitharaman has said the Reserve Bank of India (RBI) has expressed concern over the adverse effect of cryptocurrencies on the economy and recommended prohibiting them by framing regulations.

Tune in to Top News Podcast for more

In case you have any queries or suggestions, please write to us at [email protected]

Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Coinbase Global, Hershey And 2 Other Stocks Executives Are Selling
Coinbase Global, Hershey And 2 Other Stocks Executives Are Selling
Aug 28, 2024
The Nasdaq 100 closed higher by around 0.3% during Tuesday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an...
Traders Cautious Ahead of Nvidia Earnings, Stifling US Equity Futures Pre-Bell
Traders Cautious Ahead of Nvidia Earnings, Stifling US Equity Futures Pre-Bell
Aug 28, 2024
08:05 AM EDT, 08/28/2024 (MT Newswires) -- US equity futures were little changed pre-bell Wednesday as traders stayed on the sidelines ahead of quarterly earnings from chipmaker Nvidia ( NVDA ) . The Dow Jones Industrial Average futures and S&P 500 futures both flatlined, while Nasdaq futures were down 0.1%. Nvidia ( NVDA ) is scheduled to release its earnings...
Top 2 Tech Stocks That May Fall Off A Cliff In August
Top 2 Tech Stocks That May Fall Off A Cliff In August
Aug 28, 2024
As of Aug 28, 2024, two stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to...
US STOCKS-Futures muted ahead of Nvidia earnings
US STOCKS-Futures muted ahead of Nvidia earnings
Aug 28, 2024
(For a Reuters live blog on U.S., UK and European stock markets, click or type LIVE/ in a news window) * SentinelOne ( S ) gains after raising annual revenue forecast * Nordstrom ( JWN ) climbs as quarterly profit beats estimates * Foot Locker ( FL ) drops on bigger second-quarter loss * Futures tracking Dow and S&P 500...
Copyright 2023-2026 - www.financetom.com All Rights Reserved