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: Tech
Sector Update: Tech
Aug 14, 2025
03:28 PM EDT, 08/14/2025 (MT Newswires) -- Tech stocks declined late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) down 0.3% and the SPDR S&P Semiconductor ETF (XSD) falling 1%. The Philadelphia Semiconductor index shed 0.6%. In corporate news, Ibotta ( IBTA ) shares tumbled 32%. BofA Securities downgraded the stock to underperform from neutral and slashed its...
Sector Update: Health Care
Sector Update: Health Care
Aug 14, 2025
03:31 PM EDT, 08/14/2025 (MT Newswires) -- Health care stocks advanced late Thursday afternoon, with the NYSE Health Care Index and the Health Care Select Sector SPDR Fund (XLV) each adding 0.6%. The iShares Biotechnology ETF (IBB) increased 0.2%. In corporate news, scPharmaceuticals (SCPH) shares climbed 4.5% after it said Thursday it received five notices of allowance from the US...
Sector Update: Energy
Sector Update: Energy
Aug 14, 2025
03:21 PM EDT, 08/14/2025 (MT Newswires) -- Energy stocks fell late Thursday afternoon with the NYSE Energy Sector Index dropping 0.4% and the Energy Select Sector SPDR Fund (XLE) shedding 0.2%. The Philadelphia Oil Service Sector Index lost 0.9%, and the Dow Jones US Utilities Index declined 0.6%. West Texas Intermediate crude oil rose 2.3% to $64.06 a barrel, and...
Sector Update: Financial
Sector Update: Financial
Aug 14, 2025
03:24 PM EDT, 08/14/2025 (MT Newswires) -- Financial stocks advanced late Thursday afternoon trading, with the NYSE Financial Index up 0.2% and the Financial Select Sector SPDR Fund (XLF) adding 0.5%. The Philadelphia Housing Index was falling 1.1%, and the Real Estate Select Sector SPDR Fund (XLRE) was shedding 0.6%. Bitcoin (BTC-USD) was declining 3.2% to $118,225, and the yield...
Copyright 2023-2026 - www.financetom.com All Rights Reserved