Nifty slightly touched 12,000 but faced major resistance only to close at 11,914.
Nifty opened high at 11,973 tried hard to push through the 12,000 mark but faced major resistance.
While there were many eyes were on the finance ministers press update some key updates were:-
Major focus was on consumer spending with introducing a one time Rs.10,000 interest free festival advance. This will be for all central government employees irrespective of position.
More than 12000 cr, 50 year interest free loan was allotted to states for capital projects.
Some of the top news for today is that:
Reliance Jio to become first mobile operator to cross 40cr customers.
Mumbai a city wide hours long power cut following a technical snag.
Amazon Pay joins the league of mobile payment apps.
