2.31 PM: Nifty reclaims 11K, Sensex gains 550 pts as govt may roll-back higher tax on FPI

The benchmark indices has reacted positively after a news that the government is likely to roll-back recently imposed higher tax on FPIs.

At 14:30 hrs IST, the Sensex is up 413.89 points or 1.13% at 37104.39, and the Nifty up 109.50 points or 1.01% at 10965. About 1065 shares have advanced, 1148 shares declined, and 126 shares are unchanged.

News Source: MoneyControl

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