Latest News Update on Equity and Stock Market

The Nifty opened on a positive note and hit fresh all-time high led by gains in pharma, tech and banks even as the Asian markets remained subdued. According to analysts, traders should be cautiously adding long positions as the market may consolidate in the near term. 

Shares of gems & jewellery companies surged higher after the Government of India decided to withdraw the 20:80 scheme and restrictions placed on import of gold. 

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