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Benchmarks bounce back amid possible GST overhaul
Business Standard
|September 04, 2025
Benchmark equity indices Sensex and Nifty closed higher in a volatile session on Wednesday, driven by a rally in metal stocks and optimism related to the GST Council meeting.
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The 30-share BSE Sensex jumped 409.83 points or 0.51 per cent to settle at 80,567.71. During the day, the benchmark hit a high of 80,671.28 and a low of 80,004.60. The 50-share NSE Nifty climbed 135.45 points or 0.55 per cent to 24,715.05.
The GST Council is meeting in New Delhi for two days to discuss the proposed pruning of tax rates to 5 per cent and 18 per cent.
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