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 >
Sector Update: Energy
Sector Update: Energy
Feb 6, 2025
01:28 PM EST, 02/06/2025 (MT Newswires) -- Energy stocks were lower Thursday afternoon, with the NYSE Energy Sector Index falling 1% and the Energy Select Sector SPDR Fund (XLE) dropping 1.7%. The Philadelphia Oil Service Sector index declined 3.1%, and the Dow Jones US Utilities index was down 0.1%. Front-month West Texas Intermediate crude oil was shedding 0.3% to $70.82...
Sector Update: Financial
Sector Update: Financial
Feb 6, 2025
01:31 PM EST, 02/06/2025 (MT Newswires) -- Financial stocks rose in Thursday afternoon trading with the NYSE Financial Index and the Financial Select Sector SPDR Fund (XLF) both gaining 0.7%. The Philadelphia Housing Index fell 0.4%, and the Real Estate Select Sector SPDR Fund (XLRE) climbed 0.2%. Bitcoin (BTC-USD) declined 0.3% to $96,355, and the yield for 10-year US Treasuries...
Exchange-Traded Higher, US Equities Mixed After Midday
Exchange-Traded Higher, US Equities Mixed After Midday
Feb 6, 2025
01:12 PM EST, 02/06/2025 (MT Newswires) -- Broad Market Indicators Broad-market exchange-traded funds IWM and IVV were higher. Actively traded Invesco QQQ Trust (QQQ) was up 0.1%. US equity indexes traded mixed Thursday amid a quarterly earnings flood, with Amazon.com ( AMZN ) reporting after the bell and jobless claims increasing more than forecast. Energy iShares US Energy ETF (IYE)...
US Equity Indexes Mixed in Midday Trading
US Equity Indexes Mixed in Midday Trading
Feb 6, 2025
12:29 PM EST, 02/06/2025 (MT Newswires) -- US equity indexes traded mixed amid a quarterly earnings flood, with Amazon.com ( AMZN ) reporting after the bell and jobless claims increasing more than forecast. The Nasdaq Composite rose 0.1% to 19,716.3, and the S&P 500 added 0.2% to 6,070.9 after midday Thursday. The Dow Jones Industrial Average fell 0.4% to 44,695.4....
Copyright 2023-2026 - www.financetom.com All Rights Reserved